v3.25.1
Acquisitions (Tables)
3 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Intangible Assets
The following table represents the fair value and estimated useful lives of intangible assets from acquisitions (in thousands):
Fair ValueEstimated Life (Years)
Customer relationships (Jack’s Flight Club)$3,500 5.0
Trade name (Jack’s Flight Club)2,460 indefinite
Non-compete agreements (Jack’s Flight Club)660 4.0
Secret Escapes Spain member database445 3.0
The following table represents the activities of intangible assets for the three months ended March 31, 2025 and 2024 (in thousands):
Jack’s Flight ClubSecret Escape Spain
Intangible assets—December 31, 20231,710 186 
Amortization of intangible assets with definite lives(75)(48)
Intangible assets—March 31, 20241,635 138 
Amortization of intangible assets with definite lives(59)(28)
Intangible assets—June 30, 20241,576 110 
Amortization of intangible assets with definite lives(58)(37)
Intangible assets—September 30, 20241,518 73 
Amortization of intangible assets with definite lives(58)(35)
Intangible assets—December 31, 20241,460 38 
Amortization of intangible assets with definite lives(3)(24)
Intangible assets—March 31, 2025$1,457 $14 
Schedule of Expected Future Amortization Expense
Expected future amortization expense of acquired intangible assets as of March 31, 2025 is as follows (in thousands):
Years ending December 31,
202521 
$21