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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2024
Intangible Assets  
Schedule of Intangible Assets

 

 

Estimated Useful Life in Years

 

 

Gross Carrying Amount at January 9, 2024

 

 

Accumulated Amortization

 

 

Net Book Value at September 30, 2024

 

Developed technology ‐ VIVO

 

 

15

 

 

$8,244

 

 

$(962)

 

$7,282

 

Developed technology ‐ LockeT

 

 

14

 

 

 

18,770

 

 

 

(2,347)

 

 

16,423

 

Customer relationships

 

 

6

 

 

 

62

 

 

 

(18)

 

 

44

 

Trademarks/trade names ‐ VIVO

 

 

9

 

 

 

876

 

 

 

(170)

 

 

706

 

Trademarks/trade names ‐ LockeT

 

 

9

 

 

 

409

 

 

 

(79)

 

 

330

 

 

 

 

 

 

 

$28,361

 

 

$(3,576)

 

$24,785

 

 

 

Estimated Useful Life in Years

 

 

Gross Carrying Amount at January 9, 2023

 

 

Accumulated Amortization

 

 

Net Book Value at December 31, 2023

 

Developed technology ‐ VIVO

 

 

15

 

 

$8,244

 

 

$(550)

 

$7,694

 

Developed technology ‐ LockeT

 

 

14

 

 

 

18,770

 

 

 

(1,341)

 

 

17,429

 

Customer relationships

 

 

6

 

 

 

62

 

 

 

(10)

 

 

52

 

Trademarks/trade names ‐ VIVO

 

 

9

 

 

 

876

 

 

 

(97)

 

 

779

 

Trademarks/trade names ‐ LockeT

 

 

9

 

 

 

409

 

 

 

(45)

 

 

364

 

 

 

 

 

 

 

$28,361

 

 

$(2,043)

 

$26,318

 

Schedule of estimated future amortization expense

Years ending December 31,

 

Future Amortization Expense

 

Remainder of 2024

 

$510

 

2025

 

 

2,043

 

2026

 

 

2,043

 

2027

 

 

2,043

 

2028

 

 

2,043

 

Thereafter

 

 

16,103

 

Total

 

$24,785