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Note 7 - Intangible Assets, Net
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

NOTE 7: INTANGIBLE ASSETS, NET

 

           

Year ended December 31, 2024

   

Year ended December 31, 2025

 
   

Weighted

average

amortization

period

(years)

   

Gross

carrying

amount

   

Accumulated amortization

   

Net

   

Gross

carrying

amount

   

Accumulated amortization

   

Net

 
                                                         

Intangible assets –amortizable:

                                                       
                                                         

Intangible assets related to the acquisition of VisiSonics business

                                                       

Customer relationships

    4.0     $ 432     $ 180     $ 252     $ 432     $ 288     $ 144  

Technologies

    5.0       1,174       391       783       1,174       626       548  
                                                         
                                                         

Intangible assets related to the acquisition of Hillcrest Labs business

                                                       

Customer relationships

    4.4       3,518       3,351       167       3,518       3,511       7  

R&D Tools

    7.5       2,475       1,800       675       2,475       2,130       345  
                                                         
                                                         

Total intangible assets

          $ 7,599     $ 5,722     $ 1,877     $ 7,599     $ 6,555     $ 1,044  

 

Future estimated annual amortization charges are as follows:

 

2026

    680  

2027

    286  

2028

    78  
    $ 1,044  

 

The Company recorded amortization expense in the amount of $1,090 and $833 for the years ended December 31, 2024 and 2025, respectively.