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INTANGIBLE ASSETS AND GOODWILL
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
Intangible assets and goodwill consisted of the following at December 31, 2025 and 2024 (in thousands):
Useful lives20252024
INTANGIBLE ASSETS
Patents
4-10 years
$100 $100 
Customer relationships
8-15 years
50,973 48,036 
Technology
3-5 years
8,615 8,371 
Non-compete
 3 years
391 391 
Tradenames
2-10 years
12,659 12,253 
Intangible assets, at cost72,738 69,151 
Accumulated amortization(55,658)(43,207)
Intangible assets, net of accumulated amortization$17,080 $25,944 
For the years ended December 31, 2025 and 2024, the Company recorded amortization expense on intangible assets of $9.8 million and $19.9 million, respectively. Amortization expense as of December 31, 2024 included approximately $12.3 million of accelerated amortization resulting from a revision to the useful lives of certain intangible assets from both the Americas and EMEA reporting segments to reflect the current expected economic useful life due to forecasted industry changes in the interactive flat panel display market as well as the Company’s operational strategy to move to a unified worldwide display brand. There was no change to the gross carrying amount of recognized intangible assets due to translation adjustments as of December 31, 2025. Changes to gross carrying amount of recognized intangible assets due to translation adjustments were approximately $(0.8) million as of December 31, 2024.
Expected future amortization expense for intangible assets as of December 31, 2025 is as follows (in thousands):
2026$3,629 
20273,480 
20283,468 
20293,446 
20302,849 
Thereafter208 
Total$17,080