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Note 7 - Goodwill and Identifiable Intangibles | 3 Months Ended
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Mar. 31, 2025
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | Note 7. Goodwill and Identifiable Intangibles The carrying amount of goodwill is summarized as follows (in thousands):
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Gross value |  | $ | 177,162 |  |  | $ | 177,162 |
Accumulated impairment |  |  | (161,940 | ) |  |  | (161,940 | )
Net |  | $ | 15,222 |  |  | $ | 15,222 |
We perform an annual impairment analysis of goodwill as of December 31, or whenever there is a triggering event that indicates an impairment loss may have been incurred. As of March 31, 2025 and 2024, we did not identify any triggering events that would indicate potential impairment for Repeat Precision, our only reportable unit with goodwill. Therefore, no goodwill impairment has been recorded for the three months ended March 31, 2025 and 2024. Identifiable intangibles by major asset class consist of the following (in thousands):
|  |  | March 31, 2025 |
| Estimated |  | Gross |  |  |  |  |  |  |  |  |
| Useful |  | Carrying |  |  | Accumulated |  |  | Net |
| Lives (Years) |  | Amount |  |  | Amortization |  |  | Balance |
Technology | 1 - 20 |  | $ | 3,958 |  |  | $ | (1,186 | ) |  | $ | 2,772 |
Customer relationships | 10 |  |  | 4,100 |  |  |  | (3,349 | ) |  |  | 751 |
Total identifiable intangibles |  | $ | 8,058 |  |  | $ | (4,535 | ) |  | $ | 3,523 |
|  |  | December 31, 2024 |
| Estimated |  | Gross |  |  |  |  |  |  |  |  |
| Useful |  | Carrying |  |  | Accumulated |  |  | Net |
| Lives (Years) |  | Amount |  |  | Amortization |  |  | Balance |
Technology | 1 - 20 |  | $ | 3,958 |  |  | $ | (1,122 | ) |  | $ | 2,836 |
Customer relationships | 10 |  |  | 4,100 |  |  |  | (3,246 | ) |  |  | 854 |
Total identifiable intangibles |  | $ | 8,058 |  |  | $ | (4,368 | ) |  | $ | 3,690 |
Total amortization expense, which is associated with SG&A expenses on the condensed consolidated statements of operations, was $0.2 million for each of the three months ended March 31, 2025 and 2024. Identifiable intangibles are tested for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. As of March 31, 2025 and 2024, we evaluated potential triggering events and determined that there were no triggering events which indicated potential impairment of our intangibles, which are substantially related to our Repeat Precision asset group. Therefore, we did not record any impairment charges related to our identifiable intangibles for the three months ended March 31, 2025 and 2024.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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