Intangible assets as of December 31, 2024 are as follows:


	Year ended December 31,
	2024			2023
	$000s			$000s
License and software		481			547
Accumulated Depreciation		(169	)		(185	)
License and software, net		312			362

The intangible assets are amortized beginning from the date of acquisition, over their useful life or written down if they are considered to be impaired.

Amortization expense is included in General and administrative expenses, which included on the consolidated statements of income (loss), and was nominal for the years ended December 31, 2024, 2023 and 2022, respectively.

Expected future amortization expense is as follows:


Year	Expected Amortization
	$000s
2025		45
2026		45
2027		40
2028		40
2029		40
Thereafter		102

No impairment charges related to intangible assets were recorded for the years ended December 31, 2024, 2023 and 2022.