XML 23 R9.htm IDEA: XBRL DOCUMENT
v3.24.1

Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2023
Intangible Assets |
Intangible Assets | 3. Intangible Assets Intangibl e assets as of December 31, 2023 an d 2022 consisted of the following:
|  | Estimated useful lives |  |  | As of December 31, |
|  | (in years) |  |  | 2023 |  |  | 2022 |
Tradename |  |  | 5 | to | 7 |  |  | $ | 555 |  |  | $ | 555 |
Patents and technological know-how |  |  | 10 | to | 20 |  |  |  | 7,187 |  |  |  | 7,053 |
Proprietary software |  |  | 3 | to | 15 |  |  |  | 2,981 |  |  |  | 2,981 |
Other |  |  | 3 | to | 5 |  |  |  | 324 |  |  |  | 323 |
Total intangible assets, gross |  |  |  |  |  |  |  |  | 11,047 |  |  |  | 10,912 |
Accumulated amortization |  |  |  |  |  |  |  |  | (9,358 | ) |  |  | (8,841 | )
Total intangible assets, net |  |  |  |  |  |  |  | $ | 1,689 |  |  | $ | 2,071 |
During t he years ended December 31, 2023 and 2022, amortization of these intangible assets were $517 and $2,512 respectively. A gain of $33,623 was recognized and included under other income after deducting the entire capitalized legal costs amounting to $27,374 net of amortized costs of $5,997 from the one-time legal settlement amount of $55,000, which is included in the balance sheet under legal settlement receivable as of December 31, 2022. The estimated future amortization expense of intangible assets is as follows:
Years ending December 31, |  |  |  |
2024 |  | $ | 257 |
2025 |  |  | 196 |
2026 |  |  | 195 |
2027 |  |  | 65 |
2028 |  |  | 21 |
Thereafter |  |  | 955 |
Total |  | $ | 1,689 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
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://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration