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Intangible Assets
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

 

5. Intangible Assets

 

The following table summarizes information relating to the Company’s definite-lived intangible assets:

 

   Weighted Average   September 30, 2025      December 31, 2024    
   Amortization Period   Gross Carrying   Accumulated   Net Carrying   Gross Carrying   Accumulated   Net Carrying 
   (Years)   Amount   Amortization   Amount   Amount   Amortization   Amount 
Other Intangibles (amount in thousands)                                   
Patents   5.9   $759   $(451)  $308   $753   $(435)  $318 
Software   3    666    (616)   50    666    (591)   75 
Total       $1,425   $(1,067)  $358   $1,419   $(1,026)  $393 

 

The intangible assets noted above are amortized on a straight-line basis over their useful lives.

 

The following table summarizes the expected amortization over the next five years for our definite-lived intangible assets:

  

    Amount 
Year   (In thousands) 
      
2025 (Remaining)  $13 
2026    49 
2027    30 
2028    21 
2029    18 

 

Amortization expenses relating to the definite-lived intangible assets as discussed above were $13,000 and $41,000 for the three and nine months ended September 30, 2025, respectively, and $22,000 and $70,000 for the three and nine months ended September 30, 2024, respectively.