XML 30 R15.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Note 5 - Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2024
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] |
5. | Goodwill and Intangible Assets
The change in the carrying amount of goodwill was as follows:
|  | December 31, |
(in thousands) |  | 2024 |  |  | 2023 |
Carrying amount at beginning of period |  | $ | 57,065 |  |  | $ | 56,260 |
Effect of change in currency translation |  |  | (741 | ) |  |  | 805 |
Carrying amount at end of period |  | $ | 56,324 |  |  | $ | 57,065 |
Intangible assets, net at December 31, 2024 and 2023 consisted of the following:
|  |  |  |  |  | December 31, 2024 |  |  | December 31, 2023 |
(in thousands) |  | Average |  |  |  |  |  |  | Accumulated |  |  |  |  |  |  |  |  |  |  | Accumulated |  |  |  |  |
Amortizable intangible assets: |  | Life* |  |  | Gross |  |  | Amortization |  |  | Net |  |  | Gross |  |  | Amortization |  |  | Net |
Customer relationships |  |  | 5 |  |  | $ | 15,603 |  |  | $ | (10,450 | ) |  | $ | 5,153 |  |  | $ | 16,038 |  |  | $ | (9,706 | ) |  | $ | 6,332 |
Technology and software development |  |  | 1 |  |  |  | 35,397 |  |  |  | (30,556 | ) |  |  | 4,841 |  |  |  | 35,007 |  |  |  | (27,029 | ) |  |  | 7,978 |
Trade names and patents |  |  | 2 |  |  |  | 7,452 |  |  |  | (6,509 | ) |  |  | 943 |  |  |  | 7,613 |  |  |  | (6,094 | ) |  |  | 1,519 |
Total amortizable intangible assets |  |  |  |  |  | $ | 58,452 |  |  | $ | (47,515 | ) |  | $ | 10,937 |  |  | $ | 58,658 |  |  | $ | (42,829 | ) |  | $ | 15,829 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 195 |  |  |  |  |  |  |  |  |  |  |  | 207 |
Total intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 11,132 |  |  |  |  |  |  |  |  |  |  | $ | 16,036 |
* Weighted average remaining life in years as of December 31, 2024 The Company capitalized $0.6 million and $0.5 million of software development costs during the year ended December 31, 2024, and 2023, respectively. Intangible asset amortization expense was $5.4 million and $5.5 million for the years ended December 31, 2024 and 2023, respectively.
|  | Year Ended December 31, |
(in thousands) |  | 2024 |  |  | 2023 |
Cost of revenues |  | $ | 175 |  |  | $ | - |
Operating expense |  |  | 5,255 |  |  |  | 5,525 |
Total amortization of intangible assets |  | $ | 5,430 |  |  | $ | 5,525 |
Estimated amortization expense of existing amortizable intangible assets for each of the five succeeding years and thereafter is as follows:
(in thousands) |  |
2025 | $ | 4,397
2026 |  | 2,736
2027 |  | 1,464
2028 |  | 1,011
2029 |  | 935
Thereafter |  | 394
Total | $ | 10,937

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
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