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

Note 5 - Intellectual Property, Net

v3.26.1
Note 5 - Intellectual Property, Net
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

5.                

Intellectual property, net

 

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

 

   

2025

   

2024

 

Intellectual property

  $ 1,794     $ 1,794  

Accumulated amortization

    (1,718 )     (1,648 )

Intellectual property, net

  $ 76     $ 146  

 

Amortization expense was $70,000 and $135,000 for the years ended December 31, 2025 and December 31, 2024, respectively.

 

Estimated future amortization is as follows as of December 31, 2025 (in thousands):

 

2026

  $ 51  

2027

    25  

Total estimated future amortization

  $ 76