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

Note 6 - Intellectual Property, Net

v3.25.1
Note 6 - Intellectual Property, Net
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

6.                

Intellectual property, net

 

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

 

   

2024

   

2023

 

Intellectual property

  $ 1,794     $ 1,794  

Accumulated amortization

    (1,648 )     (1,513 )

Intellectual property, net

  $ 146     $ 281  

 

Amortization expense was $135,000 and $180,000 for the years ended December 31, 2024 and December 31, 2023, respectively.

 

Estimated future amortization is as follows as of December 31, 2024 (in thousands):

 

2025

  $ 70  

2026

    51  

2027

    25  

Total estimated future amortization

  $ 146