v3.25.3
Note 5 - Intangible Assets, Net
 9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

5. Intangible Assets, Net

 

Intangible assets consist of acquired intangible assets and self-developed software.

 

A summary of the balances of the Company’s intangible assets as of  September 30, 2025 and  December 31, 2024 is presented below:

 

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

 
  September 30, 2025  December 31, 2024 
  

(in thousands)

 

Technology and software

 $14,408  $(5,419) $8,989  $8,906  $(3,446) $5,460 

Customer related assets

  4,836   (1,476)  3,360   4,329   (1,036)  3,293 

Content

  —   —   —   818   (682)  136 

Total

 $19,244  $(6,895) $12,349  $14,053  $(5,164) $8,889 

 

Amortization expense for intangible assets was $0.8 million and $2.4 for the three and nine months ended September 30, 2025, and $0.7 million and $1.9 million for the three and nine months ended  September 30, 2024, respectively.

 

As of September 30, 2025, estimated future amortization expense for intangible assets, net is as follows:

 

Year Ending December 31:

    
  

(in thousands)

 

2025 (three months)

 $807 

2026

  3,018 

2027

  2,500 

2028

  2,029 

2029

  1,482 

Thereafter

  2,513 

Total intangible assets subject to amortization

 $12,349