Annual report [Section 13 and 15(d), not S-K Item 405]

PERMIT AND OTHER INTANGIBLE ASSETS

PERMIT AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

PERMIT AND OTHER INTANGIBLE ASSETS

NOTE 5

PERMIT AND OTHER INTANGIBLE ASSETS

The following table summarizes changes in the carrying value of permits which exist in our Treatment Segment.

SCHEDULE OF INTANGIBLE ASSETS

Permit (amount in thousands)	Treatment
Balance as of December 31, 2023	$	9,905
Additions		626
Balance as of December 31, 2024	$	10,531
Additions		191
Balance as of December 31, 2025	$	10,722

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

			December 31, 2025							December 31, 2024
	Weighted Average
	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	$	760	$	(456	)	$	304	$	753	$	(435	)	$	318
Software		3		676		(618	)		58		666		(591	)		75
Total			$	1,436	$	(1,074	)	$	362	$	1,419	$	(1,026	)	$	393

The intangible assets noted above were 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)

2026	$	69
2027		32
2028		21
2029		18
2030		15

Amortization expense recorded for definite-lived intangible assets was approximately $57,000 and $117,000, for the years ended December 31, 2025, and 2024, respectively.