v3.25.2
Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The gross amounts and accumulated amortization of acquired identifiable intangible assets with finite useful lives as of June 30, 2025 and December 31, 2024, included in intangible assets, net in the accompanying condensed consolidated balance sheets, are as follows:
June 30, 2025December 31, 2024
Useful life
Weighted
Average
Amortization
Period 2025
2025
Weighted
Average
Amortization
Period 2024
2024
Customer relationships
4 years0.0 years$2,543 0.3 years$7,360 
Brands
10 years5.5 years84,899 6.0 years83,612 
Trademarks
5 years0.0 years103 0.3 years98 
Total intangible assets
87,545 91,070 
Less: accumulated amortization
(39,607)(38,716)
Total intangible assets, net
$47,938 $52,354 
Amortization of acquired intangible assets with finite useful lives is included in general and administrative expenses and was $2.3 million and $2.7 million for the three months ended June 30, 2025 and 2024, respectively, and was $4.8 million and $5.5 million for the six months ended June 30, 2025 and 2024, respectively.
Future estimated amortization expense for acquired identifiable intangible assets is as follows:
Amortization Expense
Year ending December 31:
Remainder of 2025
$4,584 
20269,163 
20279,163 
20288,330 
20297,215 
Thereafter9,483 
Total amortization expense$47,938