Intangible Assets

6 Months Ended

Jun. 30, 2025

Intangible Assets

Intangible Assets

Note 6. Intangible Assets

The following tables provides information regarding the Company’s intangible assets subject to amortization, which consist of the following:


		June 30, 2025									December 31, 2024
		Gross						Net			Gross						Net
		Carrying			Accumulated			Carrying			Carrying			Accumulated			Carrying
		Amount			Amortization			Amount			Amount			Amortization			Amount
Trade names		$	200		$	(40)		$	160		$	200		$	(29)		$	171
Customer relationships			1,012			(491)			521			1,012			(441)			571
Software			2,583			(2,394)			189			2,583			(2,302)			281
Total intangible assets		$	3,795		$	(2,925)		$	870		$	3,795		$	(2,772)		$	1,023

The Company’s intangible assets are amortized over their expected useful lives. The Company recorded amortization expense of $77 and $78 during the three months ended June 30, 2025 and 2024, respectively, and $153 and $159 during the six months ended June 30, 2025 and 2024, respectively.

Based on the intangible assets balance as of June 30, 2025, the estimated amortization expense for the remainder of the calendar year and each of the succeeding calendar years is as follows:


Calendar Years ending December 31,		Amount
Remaining 2025		$	149
2026			223
2027			122
2028			122
2029			122
Thereafter			132
Total		$	870