v3.25.2
Intangible Assets and Goodwill (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
Amortization is computed using the straight-line method over the following estimated useful lives:
Intellectual property
6 - 30 years
Customer relationships14 years
Our intangible assets consist of the following:
 June 30,
2025		December 31,
2024
Definite-lived intangible assets(in thousands)
Intellectual property$12,450 $12,450 
Customer relationships47,547 47,547 
Capitalized internal-use software28,164 22,265 
Less:  Accumulated amortization22,317 18,573 
Definite-lived intangible assets, net65,844 63,689 
Indefinite-lived intangible assets
Trademarks14,571 14,571 
Total intangible assets, net$80,415 $78,260 
Schedule of Amortization Expense
Amortization expense is as follows:
 Three Months EndedSix Months Ended
 June 30,
2025		June 30,
2024		June 30,
2025		June 30,
2024
(in thousands)
Amortization expense$1,669 $1,749 $3,744 $3,455 

The weighted-average amortization period for definite-lived intangible assets are as follows as of June 30, 2025:

(in years)
Intellectual property17.3
Customer relationships10.4
Capitalized internal-use software7.5
Definite-lived intangible assets10.9
Total future amortization expense for finite-lived intangible assets was estimated as follows:
 (in thousands)
2025$3,079 
20266,157 
20276,100 
20285,536 
20295,154 
Thereafter28,042 
Total future amortization expense54,068 
Internal-use software projects not in service11,776 
Total$65,844 
Schedule of Goodwill
Goodwill
The changes in the carrying amount of goodwill were as follows:
Six Months Ended
June 30,
2025		June 30,
2024
(in thousands)
Balance, beginning of period
$81,892 $81,892 
Additions (decreases) during the period
— — 
Balance, end of period$81,892 $81,892