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Intangible Assets, net
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, net

Note 9 — Intangible Assets, net

 

Intangible assets, less accumulated amortization, consisted of the following as of:

 

   Estimated Useful Life  December 31, 2024   December 31, 2023 
Defensive technology  60 months  $2,105   $2,105 
Laboratory licenses and certifications and laboratory information management software  24 months   3,200   $3,200 
Total Intangible assets      5,305    5,305 
Less Accumulated Amortization      (4,569)   (3,881)
Intangible Assets, net     $736   $1,424 

 

Amortization expense of the intangible assets discussed above was $688 and $2,021 for the years ended December 31, 2024 and 2023, respectively, and is included in amortization of acquired intangible assets in the accompanying consolidated statements of operations. As of December 31, 2024, the estimated future amortization expense associated with the Company’s finite-lived intangible assets for each of the five succeeding fiscal years is as follows:

 

      
2025  $421 
2026   315 
Total  $736