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

INTANGIBLE ASSETS (Tables)

v3.26.1
INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2025
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     Accumulated Amortization     Total  
Balance as of January 1, 2024   $ 1,245     $ 1,265     $ 2,805     $ 18,224     $ 4,804     $ 1,730     $ (13,775 )   $ 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       (19,685 )     10,388  
Additions     -       19       162       6       1,541       -       -       1,728  
Impairment     -       -       (166 )     (1,925 )     (175 )     (11 )      1,515       (762 )
Amortization expense     -       -       -       -       -       -       (4,720 )     (4,720 )
Balance as of December 31, 2025   $ 1,245     $ 1,284     $ 2,801     $ 16,305     $ 6,170     $ 1,719     $ (22,890 )   $ 6,634  
Weighted average remaining amortization period at December 31, 2025 (in years)     2.3       3.8       12.7       1.5       4.6       0.0                  
                                                                 
Useful Lives     3 - 5 Years       6 Years       13-17 Years       5 Years       5 Years       2 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     Accumulated Amortization  
Balance as of January 1, 2024   $ 721     $ -     $ 2,092     $ 6,592     $ 2,729     $ 1,641     $ 13,775  
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       19,685  
Impairment     -       -       (166 )     (1,178 )     (160 )     (11 )     (1,515 )
Amortization expense     288       345       35       3,341       709       2       4,720  
Balance as of December 31, 2025   $ 1,033     $ 1,090     $ 2,645     $ 11,681     $ 4,722     $ 1,719     $ 22,890  
SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE

The estimated future amortization expense is as follows:

 

For the Years Ending December 31,   Total  
2026   $ 3,599  
2027     1,927  
2028     481  
2029     336  
2030     175  
Thereafter     116  
Finite-lived intangible assets, net    $ 6,634