v3.25.1
Intangible Assets, Net
3 Months Ended
Mar. 31, 2025
Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

NOTE 3. Intangible Assets, Net

The details of intangible assets and related accumulated amortization are set forth below:

 

 

As of March 31, 2025

 

 

As of December 31, 2024

 

 

Gross
value

 

 

Accumulated
amortization

 

 

Net
Value

 

 

Gross
value

 

 

Accumulated
amortization

 

 

Net
Value

 

Data supply relationships

 

$

62,609

 

 

$

(40,824

)

 

$

21,785

 

 

$

61,342

 

 

$

(36,682

)

 

$

24,660

 

Tradenames

 

 

14,940

 

 

 

(3,499

)

 

 

11,441

 

 

 

14,940

 

 

 

(3,063

)

 

 

11,877

 

Completed technologies

 

 

71,112

 

 

 

(36,250

)

 

 

34,862

 

 

 

71,112

 

 

 

(32,437

)

 

 

38,675

 

Customer relationships

 

 

104,213

 

 

 

(67,263

)

 

 

36,950

 

 

 

104,213

 

 

 

(64,245

)

 

 

39,968

 

Total intangible assets

 

$

252,874

 

 

$

(147,836

)

 

$

105,038

 

 

$

251,607

 

 

$

(136,427

)

 

$

115,180

 

 

Amortization expense of intangibles for the three months ended March 31, 2025 and 2024 was $11,409 and $6,719, respectively.

Weighted average useful life of the unamortized intangibles as of March 31, 2025 was 3.13 years. As of March 31, 2025, based on the amount of intangible assets subject to amortization, the Company’s estimated future amortization over the next five years and beyond are as follows:

 

Year ending December 31,

 

 

 

Remainder of 2025

 

$

31,950

 

2026

 

 

34,901

 

2027

 

 

24,085

 

2028

 

 

9,207

 

2029

 

 

1,746

 

2030 and thereafter

 

 

3,149

 

Total

 

$

105,038