XML 32 R22.htm IDEA: XBRL DOCUMENT v3.25.3
INTANGIBLE ASSETS, NET (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Intangible Assets, Net
The changes in the carrying amount of intangible assets, net for the nine months ended September 30, 2025 were as follows:
Net balance at December 31, 2024$2,374 
Addition: Capitalized software costs213 
Deduction: Amortization expense(369)
Net balance at September 30, 2025$2,218 
Schedule of Components of Intangible Assets
The following tables set forth the components of intangible assets as of September 30, 2025 and December 31, 2024:
As of September 30, 2025
Estimated
Useful
Life
Adjusted
Carrying
Amount
Accumulated
Amortization
Net
Patents and copyrights
2-17 years
$375 $(344)$31 
Developed technology5 years400 (400)— 
Software development5 years$2,667 $(480)$2,187 
$3,442 $(1,224)$2,218 
The Company has capitalized $210 in software development costs for the nine months ended September 30, 2025.
As of December 31, 2024
Estimated
Useful
Life
Adjusted
Carrying
Amount
Accumulated
Amortization
Net
Patents and copyrights
2-17 years
$375 $(325)$50 
Developed technology5 years400 (387)13 
Software development5 years$2,455 $(144)2,311 
$3,230 $(856)$2,374 
Schedule of Amortization Expense of Intangible Assets
The following summarizes amortization of intangible assets included in the accompanying condensed statements of operations:
Three Months Ended
September 30,
For the Nine Months Ended September 30,
2025202420252024
Cost of revenues$137 $24 $362 $71 
Selling, general and administrative
Research and development— 57 — 57 
140 84 369 136 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The Company's estimated future amortization expense for intangible assets as of September 30, 2025 was as follows:
2025$140 
2026549 
2027539 
2028534 
2029390 
203066 
$2,218