v3.24.4
Intangible Assets (Q3) (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]    
Schedule of Intangible Assets, Net
Intangible assets, net consisted of the following as of September 30, 2024:

 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
Gross Value
 
 
Accumulated
Amortization
 
 
Net Value
 
 
Weighted Average Remaining
Amortization Period (In Years)
Patents/Intellectual Property
 
 
$462
 
 
$(197)
 
 
$265
 
 
5.5
Total
 
 
$462
 
 
$(197)
 
 
$265
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangible assets, net consisted of the following as of December 31, 2023:

 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
Gross Value
 
 
Accumulated
Amortization
 
 
Net Value
 
 
Weighted Average Remaining
Amortization Period (In Years)
Patents/Intellectual Property
 
 
$519
 
 
$(177)
 
 
$341
 
 
6.3
Total
 
 
$519
 
 
$(177)
 
 
$341
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangible assets, net consisted of the following as of December 31, 2023:

 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
Gross Value
 
 
Accumulated
Amortization
 
 
Net Value
 
 
Weighted Average Remaining
Amortization Period (In Years)
Patents/Intellectual Property
 
 
$519
 
 
$(177)
 
 
$341
 
 
6.3
Total
 
 
$519
 
 
$(177)
 
 
$341
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangible assets, net consisted of the following as of December 31, 2022:

 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
Gross Value
 
 
Accumulated
Amortization
 
 
Net Value
 
 
Weighted Average Remaining
Amortization Period (In Years)
Patents/Intellectual Property
 
 
$461
 
 
$(124)
 
 
$337
 
 
7.0
Total
 
 
$461
 
 
$(124)
 
 
$337
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Schedule of Future Estimated Amortization Expense
As of September 30, 2024, the future estimated amortization expense related to intangible assets is as follows:

 
 
 
 
(in thousands)
 
 
 
Remainder of 2024
 
 
$13
2025
 
 
52
2026
 
 
52
2027
 
 
52
2028
 
 
44
Thereafter
 
 
52
Total
 
 
$265
 
 
 
 
As of December 31, 2023, the future estimated amortization expense related to intangible assets is as follows:

 
 
 
 
(in thousands)
 
 
 
2024
 
 
$58
2025
 
 
58
2026
 
 
58
2027
 
 
58
2028
 
 
49
Thereafter
 
 
60
Total
 
 
$341