Vivos Therapeutics, Inc. Goodwill & Intangibles Disclosure

NOTE 6 - GOODWILL AND INTANGIBLE ASSETS

 

Goodwill

 

Goodwill of $8.6 and $2.8 million as of December 31, 2025 and 2024, respectively, consist of the following acquisitions (in thousands):

 SCHEDULE OF GOODWILL 

Acquisitions		2025				2024
Sleep Center of Nevada		$	5,729			$	-
BioModeling			2,619				2,619
Empowered Dental			52				52
Lyon Dental			172				172
Total goodwill		$	8,572			$	2,843

 

Intangible Assets

 

Intangible assets consist of assets acquired from First Vivos and costs paid to (i) MyoSync, from whom we acquired certain assets related to its OMT service in March 2021, (ii) Lyon Dental, from whom we acquired certain medical billing and practice management software, licenses and contracts in April 2021 (including the software underlying AireO2) for work related our acquired patents, intellectual property and customer contracts and (iii) AFD, from whom we acquired certain U.S. and international patents, trademarks, product rights, and other miscellaneous intellectual property in March 2023, and (iv) SCN, from whom we acquired tradenames and referral relationships. Internal-use software of $2.4 million represents capitalized software development costs for cloud-based ordering platform placed in service early 2025.

 

 

The identifiable intangible assets acquired from First Vivos and Lyon Dental for customer contracts are amortized using the straight-line method over the estimated life of the assets, which approximates 5five years. The costs paid to MyoSync, Lyon Dental and AFD for patents and intellectual property are amortized over the life of the underlying patents, which approximates 15 years. The identifiable intangible assets acquired from SCN for tradenames are to be amortized over 4four years, and the referral relationships are to be amortized over 8eight years (see Note 3).

 

As of December 31, 2025 and 2024, identifiable intangible assets were as follows (in thousands):

SCHEDULE OF IDENTIFIABLE INTANGIBLES 

		2025				2024
Patents and developed technology		$	3,802			$	2,302
Internal-use software			2,377				117
Trade name			730				330
Other			27				27
Total intangible assets			6,936				2,776
Less accumulated amortization			(2,891	)			(2,367	)
Net intangible assets		$	4,045			$	409

 

Amortization expense of identifiable intangible assets was $0.6 and $0.1 million for the years ended December 31, 2025 and 2024, respectively. The estimated future amortization of identifiable intangible assets is as follows (in thousands):

SCHEDULE OF ESTIMATED FUTURE AMORTIZATION OF IDENTIFIABLE ASSETS 

As of December 31,
2026			808
2027			764
2028			761
2029			667
2030			251
Thereafter			794
Total		$	4,045