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Note 6 - Intangible Assets and Goodwill
6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

6.          INTANGIBLE ASSETS AND GOODWILL

 

Intangible Assets, net

 

Intangible assets, net consisted of the following:

 

   

June 30,

2024

   

December 31,

2023

 

Amortizable intangible assets:

               

Patents

  $ 957     $ 873  

Trademarks

    262       248  

Purchased software and technology

    1,752       1,752  

Customer Relationships

    160       160  
    $ 3,131     $ 3,033  

Accumulated amortization

    (1,026 )     (806

)

Total amortizable

  $ 2,105     $ 2,227  

Indefinite life assets (non-amortizable)

    421       421  

Total intangible assets, net

  $ 2,526     $ 2,648  

 

Amortization expense was $113 and $220 for the three and six months ended June 30, 2024, respectively, and $85 and $167 for the three and six months ended June 30, 2023, respectively.

 

As of June 30, 2024, future amortization expense is as follows:

 

2024 (6 months)

  $ 227  

2025

    447  

2026

    360  

2027

    210  

2028

    210  

Thereafter

    651  

Total estimated amortization expense

  $ 2,105  

 

Goodwill

 

There has been no change to the value of goodwill from December 31, 2023 through the period ended June 30, 2024.