Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, Net (Tables)

v3.23.3
Intangible Assets, Net (Tables)
9 Months Ended
Sep. 30, 2023
Intangible Assets, Net [Abstract]  
Schedule of Intangible Assets, Net Intangible assets, net, consists of the following (in thousands):
    September 30,     December 31,  
    2023     2022  
             
Patents   $ 1,800     $ 1,800  
Research license     375       375  
Customer relationships     200      
-
 
Total     2,375       2,175  

Less: accumulated amortization

    (742 )     (577 )
Intangible assets, net   $ 1,633     $ 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 September 30, 2023 (in thousands):
    Estimated
Amortization
Expense
 
       
Nine months ended December 31, 2023   $ 66  
Year ended December 31, 2024     235  
Year ended December 31, 2025     234  
Year ended December 31, 2026     197  
Year ended December 31, 2027 and thereafter     901  
Total   $ 1,633