Annual report pursuant to Section 13 and 15(d)

Note 8 - Intellectual Property, Net

v3.24.1
Note 8 - Intellectual Property, Net
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

8.                

Intellectual property, net

 

Intellectual property, net, is comprised of the following (in thousands):

 

   

2023

   

2022

 

Intellectual property

  $ 1,794     $ 1,794  

Accumulated amortization

    (1,513 )     (1,333 )

Intellectual property, net

  $ 281     $ 461  

 

Amortization expense was $180,000 and $179,000 for the years ended December 31, 2023 and December 31, 2022, respectively.

 

Estimated future amortization is as follows as of December 31, 2023 (in thousands):

 

2024

  $ 135  

2025

    70  

2026

    51  

2027

    25  

Total estimated future amortization

  $ 281