XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.24.2

GOODWILL AND OTHER INTANGIBLE ASSETS | 6 Months Ended
--- | ---
Jun. 30, 2024
GOODWILL AND OTHER INTANGIBLE ASSETS |
GOODWILL AND OTHER INTANGIBLE ASSETS | (7) GOODWILL AND OTHER INTANGIBLE ASSETS During the year ended December 31, 2021 the Company completed the acquisition of Kestrel, which resulted in Goodwill of $20.4 million (see Note 6 – Business Combinations). As of June 30, 2024, there was no change in the carrying amount of goodwill, and there were no impairment indicators of the Company’s net asset value. The following table provides the summary of the Company’s intangible assets as of June 30, 2024. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted-
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Average
​ |  | Gross | ​ | ​ | ​ | ​ | ​ | ​ |  | Remaining
​ |  | Carrying |  | Accumulated |  | Net Carrying |  | Life (in
​ |  | Amount |  | Amortization |  | Amount |  | years)
Acquired patents at December 31, 2023 | ​ | $ | 10,000 | ​ | $ | (1,842) | ​ | $ | 8,158 | ​ | 9.00
Amortization expense | ​ | ​ | ​ | ​ | ​ | (453) | ​ | ​ | (453) | ​ | ​
Acquired patents at June 30, 2024 | ​ | $ | 10,000 | ​ | $ | (2,295) | ​ | $ | 7,705 |  | 8.48
​ The following table summarizes the estimated future amortization expense to be recognized over the remainder of 2024, next five fiscal years, and periods thereafter: ​
​ | ​ | ​ | ​
​ |  | (In thousands)
July 1, 2024 through December 31, 2024 | ​ | ​ | 458
2025 | ​ |  | 908
2026 | ​ |  | 908
2027 | ​ |  | 908
2028 | ​ |  | 911
2029 | ​ | ​ | 908
Thereafter | ​ |  | 2,704
Total future amortization expense | ​ | $ | 7,705
​

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration