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Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2025
Intangible Assets, Net [Abstract]  
Schedule of Major Components of Intangible Assets

Major components of intangible assets as of June 30, 2025, are as follows (in thousands):

 

Useful Lives

 

Cost

 

 

Accumulated
Amortization

 

 

Total

 

License agreements

 

20 years

 

$

2,043

 

 

$

(1,244

)

 

$

799

 

Patent costs

 

 

 

 

1,491

 

 

 

(193

)

 

 

1,298

 

Trademark costs

 

 

 

 

224

 

 

 

 

 

 

224

 

Total

 

 

 

$

3,758

 

 

$

(1,437

)

 

$

2,321

 

 

Major components of intangible assets as of December 31, 2024, are as follows (in thousands):

 

Useful Lives

 

Cost

 

 

Accumulated
Amortization

 

 

Total

 

License agreements

 

20 years

 

$

2,043

 

 

$

(1,132

)

 

$

911

 

Patent costs

 

 

 

 

1,273

 

 

 

 

 

 

1,273

 

Trademark costs

 

 

 

 

217

 

 

 

 

 

 

217

 

Total

 

 

 

$

3,533

 

 

$

(1,132

)

 

$

2,401

 

Schedule of Future Amortization Expense for Intangible Assets

Future amortization expense for intangible assets as of June 30, 2025 is as follows (in thousands):

Years Ending December 31,

 

Amount

 

2025 (remaining six months)

 

$

144

 

2026

 

 

166

 

2027

 

 

125

 

2028

 

 

125

 

2029

 

 

125

 

Thereafter

 

 

1,412

 

Total

 

$

2,097