Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill and Intangible Assets (Tables)

v3.25.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill

The following table summarizes changes in goodwill balance:

Balance at December 31, 2023

 

$

51,155

 

Impact of foreign currency translation

 

 

(4,008

)

Assets classified as held for sale

 

 

(32,412

)

Balance at December 31, 2024

 

$

14,735

 
Schedule of Finite-Lived Intangible Assets

Intangible assets consisted of the following:

 

 

December 31, 2024

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

Developed technology

 

$

12,270

 

 

$

(3,153

)

Trade names

 

 

2,080

 

 

 

(1,282

)

Patents

 

 

393

 

 

 

(345

)

FCC licenses

 

 

480

 

 

 

(282

)

 

$

15,223

 

 

$

(5,062

)

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

Customer relationships

 

$

23,427

 

 

$

(4,064

)

Developed technology

 

 

13,313

 

 

 

(2,312

)

Trade names

 

 

2,257

 

 

 

(940

)

Backlog

 

 

3,117

 

 

 

(3,117

)

Patents

 

 

419

 

 

 

(308

)

FCC licenses

 

 

480

 

 

 

(249

)

 

$

43,013

 

 

$

(10,990

)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of December 31, 2024, the expected future amortization expense of intangible assets is as follows:

Fiscal year ending December 31,

 

Future Amortization Expense

 

2025

 

$

1,493

 

2026

 

 

1,451

 

2027

 

 

1,062

 

2028

 

 

1,058

 

2029

 

 

1,056

 

Thereafter

 

 

4,041

 

 

$

10,161