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

Intangible Assets, Net

v3.26.1
Intangible Assets, Net
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net Intangible Assets, Net
Intangible assets as of December 31, 2025 and 2024 consisted of the following (in thousands):
December 31,
2025
December 31,
2024
Estimated Useful
Life (in years)
Trade names $ 5,550  $ 5,550  15
Proprietary intellectual property 11,064  11,064  5
Customer relationships 1,180  1,180  1
CLIA license —  1,307  3
17,794  19,101 
Less: accumulated amortization (10,627) (9,351)
Total intangible assets, net $ 7,167  $ 9,750 
Amortization expense for acquired intangible assets was $2.6 million and $2.6 million during the years ended December 31, 2025 and 2024, respectively. The estimated future amortization expense of acquired intangible assets as of December 31, 2025 is as follows (in thousands):
Year ended December 31, 2026 $ 2,251 
Year ended December 31, 2027 1,731 
Year ended December 31, 2028 370 
Year ended December 31, 2029 370 
Year ended December 31, 2030 370 
Thereafter 2,075 
$ 7,167