v3.25.3
INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
The Company’s intangible assets consisted of the following (in thousands):
September 30, 2025
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Strategic contract$7,000 $(642)$6,358 
Capitalized software3,797 (730)3,067 
Total$10,797 $(1,372)$9,425 
December 31, 2024
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Strategic contract$7,000 $(379)$6,621 
Capitalized software2,653 (393)2,260 
Total$9,653 $(772)$8,881 
Schedule of Expected Amortization Expenses The Company expects to record amortization expense as follows over the next five subsequent years:
(in thousands)
Remaining Year Ended December 31, 2025$307 
Year Ended December 31, 2026880 
Year Ended December 31, 2027880 
Year Ended December 31, 2028789 
Year Ended December 31, 2029$578