Blüm Holdings Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 8 - Intangible Assets

Note 8 - Intangible Assets

6 Months Ended

Jun. 30, 2025

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

NOTE 8 – INTANGIBLE ASSETS

Intangible assets consisted of the following:

		(in thousands)
		*June 30, 2025*							*December 31, 2024*
	*Estimated Useful Life in Years*	*Gross Carrying Amount*		*Accumulated Amortization*			*Net Carrying Value*		*Gross Carrying Amount*		*Accumulated Amortization*			*Net Carrying Value*
Amortizing Intangible Assets:
Trademarks and Patent	10	$	1,400	$	(18	)	$	1,382	$	—	$	—		$	—
Operating Licenses	14		5,300		(277	)		5,023		3,100		(148	)		2,952
Total Amortizing Intangible Assets			6,700		(295	)		6,405		3,100		(148	)		2,952

Total Intangible Assets, Net		$	6,700	$	(295	)	$	6,405	$	3,100	$	(148	)	$	2,952

Amortization expense related to continuing operations was $0.09 million and $0.03 million for the three months ended June 30, 2025 and 2024, respectively, and $0.15 million and $0.03 million for the six months ended June 30, 2025 and 2024, respectively.