Quarterly report [Sections 13 or 15(d)]

Intangible Assets, Net and Goodwill

v3.26.1
Intangible Assets, Net and Goodwill
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Asset and Goodwill [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, 2026 December 31, 2025
Intangible assets with definite lives:
Patents and purchased technology $ 14,198  $ 14,198 
Customer relationships 23,000  23,000 
Gross carrying amount 37,198  37,198 
Accumulated amortization:
Patents and purchased technology (14,198) (14,198)
Customer relationships (23,000) (23,000)
Accumulated amortization (37,198) (37,198)
Net carrying amount —  — 
Intangible assets with indefinite lives 71,221  71,221 
Intangible assets, net $ 71,221  $ 71,221 
Intangible assets subject to amortization were fully amortized as of June 30, 2026 and December 31, 2025.
GOODWILL
There have been no changes to the Company's goodwill as described in Note 9 in Part II, Item 8 of the Company's Annual Report on Form 10-K for the year ended December 31, 2025.