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GOODWILL AND OTHER INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
The following table reflects the changes in the carrying amount of goodwill:
(in thousands)
June 30, 2025
December 31, 2024
Balance, beginning of period$58,037 $44,257 
Additions due to acquisitions (Note 3)4,197 13,780 
Balance, end of period
$62,234 $58,037 
The Company recognized no impairment of Goodwill for the periods ended June 30, 2025 and June 30, 2024. All goodwill is allocated to the Digital Assets segment.
Other Intangible Assets
The following table represents intangible assets and accumulated amortization as June 30, 2025 and December 31, 2024:
(in thousands)
June 30, 2025
December 31, 2024
Software technology (1)
$42,605 $40,508 
Other purchased finite-life intangible assets
13,701 13,701 
Indefinite-lived intangible asset1,761 1,761 
Intangible assets, gross
58,067 58,067 55,970 
Less: Accumulated amortization(26,505)(18,619)
Intangible assets, net
$31,562 $37,351 
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(1)Includes capitalized equity based compensation of $6.3 million and $3.1 million as of June 30, 2025 and December 31, 2024, respectively.
The Company estimates that there is no significant residual value related to its finite-life intangible assets. The expected future amortization expense for currently amortizing finite-life intangible assets for the next five years is as follows:
(in thousands)Amounts
20258,621 
20269,084 
20276,159 
20284,841 
2029 and beyond403 
Total future amortization expense
$29,108