v3.25.2
Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible assets Goodwill and Intangible Assets
Goodwill

During the six months ended June 30, 2024 and 2025, there were no changes in the carrying amount of goodwill of $67.1 million on the Company’s condensed consolidated balance sheets.
Intangible Assets

Acquired intangible assets subject to amortization consist of customer relationships, and are recorded net of amortization and included within other assets on the condensed consolidated balance sheets. The gross and net carrying values and accumulated amortization are as follows:

December 31, 2024June 30, 2025
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Customer relationships$13,700 $(4,281)$9,419 $13,700 $(4,852)$8,848 

Amortization expense was immaterial for the three and six months ended June 30, 2024 and 2025.

Expected future amortization expense for intangible assets is as follows:

June 30, 2025
Remaining 2025$571 
20261,142 
20271,142 
20281,142 
20291,142 
Thereafter3,709 
     Total$8,848