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Intangible Assets
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Note 5. Intangible Assets
Intangible assets, net consisted of the following as of June 30, 2024:
(in thousands)Gross ValueAccumulated AmortizationNet ValueWeighted Average Remaining Amortization Period (In Years)
Patents/Intellectual Property$463 $(184)$279 5.7
Total$463 $(184)$279 
Intangible assets, net consisted of the following as of December 31, 2023:
(in thousands)Gross ValueAccumulated AmortizationNet ValueWeighted Average Remaining Amortization Period (In Years)
Patents/Intellectual Property$519 $(177)$341 6.3
Total$519 $(177)$341 
Amortization expense related to intangible assets was $14 thousand and $29 thousand for the three and six months ended June 30, 2024, respectively, and $14 thousand and $26 thousand for the three and six months ended June 30, 2023, respectively.
As of June 30, 2024, the future estimated amortization expense related to intangible assets is as follows:
(in thousands)
Remainder of 2024$26 
202552 
202652 
202752 
202843 
Thereafter54 
Total$279