Goodwill And Intangible Assets, Net

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 7 – GOODWILL AND INTANGIBLE ASSETS, NET

Goodwill and intangible assets consist of the following as of March 31, 2025 and December 31, 2024:


	March 31, 2025		December 31, 2024
Goodwill	$	60	$	60
Intangible assets with indefinite lives:
Land use rights		230		230
Total intangible assets with indefinite lives:	$	230	$	230
Intangible assets with finite lives:
Interconnection, net of accumulated amortization of $4,782 and $4,593	$	14,443	$	14,614
Customer contracts, net of accumulated amortization of $17,536 and $17,476		3,148		3,209
Total intangible assets with finite lives:	$	17,591	$	17,823
Total Goodwill and Intangible assets	$	17,881	$	18,113

As of March 31, 2025, the weighted average remaining useful lives for both customer contracts and interconnections were 13 years. Amortization expense was $248 and $243 for the three months ended March 31, 2025 and 2024, respectively.