Quarterly report [Sections 13 or 15(d)]

Intangible Assets

Intangible Assets

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

5.	Intangible Assets

The following table summarizes information relating to the Company’s definite-lived intangible assets:

	Weighted Average		September 30, 2025							December 31, 2024
	Amortization Period		Gross Carrying		Accumulated			Net Carrying		Gross Carrying		Accumulated			Net Carrying
	(Years)		Amount		Amortization			Amount		Amount		Amortization			Amount
Other Intangibles (amount in thousands)
Patents		5.9	$	759	$	(451	)	$	308	$	753	$	(435	)	$	318
Software		3		666		(616	)		50		666		(591	)		75
Total			$	1,425	$	(1,067	)	$	358	$	1,419	$	(1,026	)	$	393

The intangible assets noted above are amortized on a straight-line basis over their useful lives.

The following table summarizes the expected amortization over the next five years for our definite-lived intangible assets:

	Amount
Year	(In thousands)

2025 (Remaining)	$	13
2026		49
2027		30
2028		21
2029		18

Amortization expenses relating to the definite-lived intangible assets as discussed above were $13,000 and $41,000 for the three and nine months ended September 30, 2025, respectively, and $22,000 and $70,000 for the three and nine months ended September 30, 2024, respectively.