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Intangible Assets
6 Months Ended
Jun. 30, 2024
Intangible Assets  
Intangible Assets

Note 6. Intangible Assets

The following tables provides information regarding the Company’s intangible assets subject to amortization, which consist of the following:

June 30, 2024

December 31, 2023

Gross

Net

Gross

Net

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

    

Amount

    

Amortization

    

Amount

    

Amount

    

Amortization

    

Amount

Trade names

$

200

$

(18)

$

182

$

200

$

(6)

$

194

Customer relationships

1,012

(391)

621

1,012

(341)

671

Software

 

2,584

 

(2,210)

 

374

 

2,593

 

(2,120)

 

473

Licenses

32

(22)

10

35

(20)

15

Total intangible assets

$

3,828

$

(2,641)

$

1,187

$

3,840

$

(2,487)

$

1,353

The Company’s intangible assets are amortized over their expected useful lives. The Company recorded amortization expense of $78 and $377 during the three months ended June 30, 2024 and 2023, respectively, and $159 and $759 during the six months ended June 30, 2024 and 2023, respectively.

Based on the intangible assets balance as of June 30, 2024, the estimated amortization expense for the remainder of the calendar year and each of the succeeding calendar years is as follows:

Calendar Years ending December 31, 

    

Amount

Remaining 2024

$

153

2025

 

307

2026

 

228

2027

 

122

2028

122

Thereafter

255

Total

$

1,187