XML 27 R16.htm IDEA: XBRL DOCUMENT v3.25.1
Goodwill and Intangibles
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangibles GOODWILL AND INTANGIBLES
Goodwill activity for the three months ended March 31, 2025 consisted of the following (in thousands):
Balance at December 31, 2024$17,376 
Additions— 
Impairment— 
Balance at March 31, 2025$17,376 
Intangibles, net at March 31, 2025 were comprised of the following (in thousands):
Definite-lived Intangible AssetsAmortization PeriodGross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Trade name25 Years$250 $(101)$149 
Trademarks10 Years1,610 (1,160)450 
Developed technology7 Years4,420 (4,420)— 
Customer relationships
10-12 Years
9,330 (5,764)3,566 
Total$15,610 $(11,445)$4,165 
Intangibles, net at December 31, 2024 were comprised of the following (in thousands):
Definite-lived Intangible AssetsAmortization PeriodGross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Trade name25 Years$250 $(99)$151 
Trademarks10 Years1,610 (1,120)490 
Developed technology7 Years4,420 (4,393)27 
Customer relationships
10-12 Years
9,330 (5,568)3,762 
Total$15,610 $(11,180)$4,430 
The aggregate intangible asset amortization expense was $265,000 and $400,000 for the three months ended March 31, 2025 and 2024, respectively