v3.26.1
Intangible Assets
 6 Months Ended
Jun. 30, 2026
Intangible Assets  
Intangible Assets

Note 4 – Intangible Assets

Intangible assets are summarized as follows:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

​

​

​

Gross Carrying

​

Accumulated

​

Gross Carrying

​

Accumulated

​

​

  ​ ​ ​

Amount

  ​ ​ ​

Amortization

  ​ ​ ​

Amount

  ​ ​ ​

Amortization

​

Intangible assets:

​

​

​

​

​

​

​

​

​

​

​

​

​

Licenses

​

$

152

​

$

(82)

​

$

149

​

$

(78)

​

Patents

​

​

261

​

​

(32)

​

​

261

​

​

(25)

​

Patents pending

 

​

1,813

 

​

—

 

​

1,813

 

​

—

​

Trademarks

​

​

13

​

​

—

​

​

13

​

​

—

​

Trademarks pending

 

​

34

 

​

—

 

​

33

 

​

—

​

Total amortizable intangible assets

​

$

2,273

​

$

(114)

​

$

2,269

​

$

(103)

​

​

Amortization expense for intangible assets is summarized as follows:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

2026

  ​ ​ ​

2025

 

Amortization expense

​

$

5

​

$

6

​

$

11

​

$

11

​

​

Useful lives of intangible assets range from three to 20 years. Amortization expenses are expensed within research and development expense within Operating Expenses in the Company’s Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).