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Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 6 – Intangible Assets

Intangible assets were comprised of the following:

 

 

June 30,
2025

 

 

December 31,
2024

 

Customer relationships

 

$

5,648

 

 

$

5,158

 

Developed technology

 

 

4,067

 

 

 

3,699

 

Trade name

 

 

2,339

 

 

 

2,054

 

 

 

12,054

 

 

 

10,911

 

Accumulated amortization

 

 

(7,400

)

 

 

(6,656

)

Intangible assets, net

 

$

4,654

 

 

$

4,255

 

Changes in intangible assets consisted of the following:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Balance at beginning of the period

$

4,494

 

 

$

4,652

 

 

$

4,255

 

 

$

4,947

 

Amortization of intangible assets

 

(88

)

 

 

(85

)

 

 

(174

)

 

 

(173

)

Other, primarily impact from changes in foreign currency exchange rates

 

248

 

 

 

7

 

 

 

573

 

 

 

(200

)

Balance at end of the period

$

4,654

 

 

$

4,574

 

 

$

4,654

 

 

$

4,574