v3.25.0.1

Intangible Assets

12 Months Ended

Dec. 31, 2023

Intangible Assets

Intangible Assets

(6) Intangible Assets

During the year ended December 31, 2023 the Company determined the carrying value of the developed technology and trademarks/tradenames had been impaired due to the financial condition of the Company and recognized a non-cash impairment charge of $0.2 million, which fully impaired the intangible assets.

The consolidated intangible assets at December 31, 2022 consist of the following:

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	December 31, 2022
​		Weighted Average Useful Life (years)		Gross Carrying Amount			Accumulated Amortization			Net Book Value
Finite-lived intangible assets:	​	​	​	​	​	​	​	​	​	​	​
Developed technology	​	10.0	​	$	5,989	​	$	(5,805)	​	$	184
Trademarks/Tradenames	​	10.0	​	​	462	​	​	(386)	​	​	76
Total	​	​	​	$	6,451	​	$	(6,191)	​	$	260

​

The gross amount and accumulated impairment loss of indefinite-lived intangible assets are as follows (in thousands):

​	​	​	​	​	​	​
​	​	December 31,
​	​	2023		​	2022
Indefinite-lived intangible assets	​	​	​	​	​	​
Gross amount	​	$	—	​	$	20,721
Accumulated impairment loss	​	​	—	​	​	(20,721)
Total Indefinite-lived intangible assets	​	$	—	​	$	—

​

Amortization expense for the years ended December 31, 2023 and 2022, was approximately $33 thousand and $1.8 million, respectively.

The Company had impaired all of its remaining intangible assets during 2023, therefore there is no future projection of amortization expense at December 31, 2023.

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- References

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-4

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-3

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 985
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481283/985-20-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 985
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/985-20/tableOfContent

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