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

INTANGIBLE ASSETS (Tables)

v3.25.1
INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

Intangible assets consisted of the following:

 

                                                       
  Internal Use Software     Capitalized Engineering Costs     Trade Name and Patents     Customer Relationships     Internally Developed Technology     Non-Compete Agreements   Favorable Leases     Accumulated Amortization     Total  
Balance as of January 1, 2023   $ 1,123     $ 237     $ 2,759     $ 21,398     $ 5,031     $ 2,253   $

257

     $ (6,476 )   $ 26,582  
Additions     122       1,028       166       1,925       175       11     -       -       3,426  
Impairment of intangible assets     -       -       (13 )     (4,401 )     (218 )     (507 )   -       -       (5,139 )
Foreign currency translation     -       -       (107 )     (698 )     (184 )     (27 )   -       -       (1,016 )
Amortization expense     -       -       -       -       -       -     -       (7,556 )     (7,556 )
Balance as of December 31, 2023     1,245       1,265       2,805       18,224       4,804       1,730    

257

       (14,032 )     16,298  
Amortization expense     -       -       -       -       -       -     -       (5,910 )     (5,910 )
Balance as of December 31, 2024   $ 1,245     $ 1,265     $ 2,805     $ 18,224     $ 4,804     $ 1,730   $

257

     $ (19,942 )   $ 10,388  
Weighted average remaining amortization                                                                      
period at December 31, 2024 (in years)     3.3       5.1       16.5       2.6       1.3       0.8     0.0      

 

          
                                                                       
Useful Lives     3- 5 Years       6 Years       17 Years       5.6 Years       3 Years       2 Years     1.6 years      

         
SCHEDULE OF CHANGES IN ACCUMULATED AMORTIZATION

                                                 
    Internal Use Software     Capitalized Engineering Costs     Trade Name and Patents     Customer Relationships     Internally Developed Technology     Non-Compete Agreements   Favorable Leases     Accumulated Amortization  
Balance as of January 1, 2023   $ 501     $ -     $ 986     $ 2,495     $ 1,399     $ 838   $

     257

     $ 6,476  
Amortization expense     220       -       1,106       4,097       1,330       803    

-

       7,556  
Balance as of December 31, 2023     721       -       2,092       6,592       2,729       1,641    

257

       14,032  
Amortization expense     24       745       684       2,926       1,444       87    

-

       5,910  
Balance as of December 31, 2024   $ 745     $ 745     $ 2,776     $ 9,518     $ 4,173     $ 1,728   $

257

     $ 19,942  
SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE

The estimated future amortization expense is as follows:

 

For the Years Ending December 31,   Total  
2025   $ 4,290  
2026     3,735  
2027     2,045  
2028     227  
2029    

74

  
Thereafter    

17

  
Finite-lived intangible assets, net   $ 10,388