Annual report pursuant to Section 13 and 15(d)

Intangible Assets, Net (Tables)

v3.24.1
Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2023
Intangible Assets, Net [Abstract]  
Schedule of Intangible Assets, Net Intangible assets, net, consists of the following (in thousands):
    December 31,     December 31,  
    2023     2022  
             
Patents   $ 1,800     $ 1,800  
Research license     375       375  
Customer relationships     4       -  
Total     2,179       2,175  
Less: accumulated amortization     (797 )     (577 )
Intangible assets, net   $ 1,382     $ 1,598  
Schedule of Estimated Amortization of Intangible Assets The following table represents the total estimated amortization of intangible assets for the five succeeding years and thereafter as of December 31, 2023 (in thousands):
    Estimated
Amortization
Expense
 
       
Year ended December 31, 2024   $ 235  
Year ended December 31, 2025     234  
Year ended December 31, 2026     197  
Year ended December 31, 2027     194  
Year ended December 31, 2028     195  
Thereafter     327  
Total   $ 1,382