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Goodwill and Other Intangible Assets, Net
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net
10.    Goodwill and Other Intangible Assets, Net
The Company’s intangible assets include trademarks, franchisee agreements, franchise license, domain names, customer list, proprietary recipes and non-compete agreements. Intangible assets are amortized over useful lives ranging from 5 to 10 years. In 2024, the Company moved the remaining intangible assets to Assets held for sale and as a result of the reclassification, the Company stopped amortizing these assets. See Note 4 – Assets held for sale for additional information.
A summary of the intangible assets is presented below:
Intangible
assets,
net at
December 31,
2023		Impairment of
intangible assets		Amortization
expense		Transfer to assets held for saleIntangible
assets,
net at
September 30,
2024		Intangible
assets,
net at
December 31,
2024		Impairment of
intangible assets		Amortization
expense		Transfer to assets held for saleIntangible
assets,
net at
September 30,
2025
$’000$’000$’000$’000$’000$’000$’000$’000$’000$’000
Trademark Pokémoto83 — (9)(74)— — — — — — 
Franchisee License Pokémoto2,045 — (69)(1,976)— — — — — — 
Proprietary Recipes Pokémoto705 — (40)(665)— — — — — — 
2,833 — (118)(2,715)— — — — — — 
Amortization expense related to intangible assets was nil and nil for the three months ended September 30, 2025 and 2024, respectively, and nil and $0.1 million for the nine months ended September 30, 2025 and 2024.
A summary of the goodwill assets is presented below:
Muscle Maker GrillPokémotoSuperFit FoodTotal
$’000$’000$’000$’000
Goodwill, net at December 31 2023— 1,798 — 1,798 
Impairment of goodwill— (1,798)— (1,798)
Goodwill, net at September 30, 2024— — — — 
Goodwill, net at December 31, 2024— — — — 
Transfer to assets held for sale— — — — 
Goodwill, net at September 30, 2025— — — —