Quarterly report [Sections 13 or 15(d)]

Intangible Assets, Net and Goodwill

v3.25.2
Intangible Assets, Net and Goodwill
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]
NOTE 6 — INTANGIBLE ASSETS, NET AND GOODWILL
INTANGIBLE ASSETS, NET

Intangible assets, net consisted of the following:

As of
(in thousands)
June 30, 2025 December 31, 2024 June 30, 2024
Intangible assets with definite lives:
Patents and purchased technology $ 14,198  $ 14,198  $ 14,198 
Customer relationships 23,000  23,000  23,000 
Gross carrying amount 37,198  37,198  37,198 
Accumulated amortization:
Patents and purchased technology (14,198) (14,198) (14,198)
Customer relationships (23,000) (23,000) (23,000)
Accumulated amortization (37,198) (37,198) (37,198)
Net carrying amount —  —  — 
Intangible assets with indefinite lives 79,221  79,221  79,221 
Intangible assets, net $ 79,221  $ 79,221  $ 79,221 
GOODWILL
There have been no changes to the Company's goodwill as described in Note 5 in Part II, Item 8 of the Company's Annual Report on Form 10-K for the year ended December 31, 2024.