XML 22 R12.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 6 - Intangible Assets
6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

6.

Intangible Assets

 

Intangible assets as of June 30, 2024 and December 31, 2023 consisted of the following:

 

                                   

December 31,

         
           

Six Months Ended June 30, 2024

   

2023

         
           

Less:

                                 
           

Accumulated

                           

Weighted

 
           

Currency

   

Less:

                   

Average

 
   

Gross

   

Translation

   

Accumulated

   

Net Book

   

Net Book

   

Useful

 
   

Value

   

Adjustment

   

Amortization

   

Value

   

Value

   

Life

 

Developed technology

  $ 33,061     $ (1,608

)

  $ (29,825 )   $ 1,628     $ 1,973       15  

IPR&D

    2,656       (1,006

)

    -       1,650       1,650    

Indefinite

 

Customer relationships

    3,887       -       (3,557 )     330       360       10  

Distributor relationships

    4,700       (415

)

    (4,285 )     -       -       5  

Patents

    1,000       (189

)

    (752 )     59       83       16  

Tradenames

    4,641       -       (4,339 )     302       560       5  

Total

  $ 49,945     $ (3,218

)

 

$

(42,758 )   $ 3,969     $ 4,626       13  

 

The aggregate amortization expense related to intangible assets was $0.4 million and $2.0 million for the three-month periods ended June 30, 2024 and 2023, respectively and $0.7 million and $3.9 million for the six-month periods ended June 30, 2024 and 2023, respectively.

 

As of June 30, 2024 scheduled amortization of intangible assets is as follows:

 

Remainder of 2024

  $ 672  

2025

    274  

2026

    160  

2027

    160  

2028

    160  

Thereafter

    893  

Total

  $ 2,319