v3.25.4
Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The table below provides the original cost, accumulated amortization and net book value by major intangible asset classification:
Original CostAccumulated AmortizationNet Book Value
Definite-lived intangible assets
Distribution rights
$62,787 $(20,805)$41,982 
Capitalized software18,876 (12,818)6,058 
Intangible assets, net81,663 (33,623)48,040 
Indefinite-lived intangible asset
Goodwill21,208 — 21,208 
Total as of December 31, 2025
$102,871 $(33,623)$69,248 
Original CostAccumulated AmortizationNet Book Value
Definite-lived intangible assets
Distribution rights$62,787 $(17,580)$45,207 
Capitalized software13,317 (9,770)3,547 
Intangible assets, net76,104 (27,350)48,754 
Indefinite-lived intangible asset
Goodwill21,208 — 21,208 
Total as of December 31, 2024
$97,312 $(27,350)$69,962 
The following table outlines the estimated future amortization expense related to intangible assets held as of December 31, 2025 that are subject to amortization:
Fiscal year
2026$7,505 
20274,810 
20283,378 
20293,211 
20303,211 
Thereafter25,925 
$48,040 
Distribution rights represent the license and associated distribution rights to Jeuveau® and Evolysse™. For the year ended December 31, 2024, the Company capitalized $2,235 related to the license and distribution right to Evolysse™ nasolabial fold product in Europe, which is amortized on a straight-line basis over the estimated useful life of 15 years. No costs related to distribution rights were capitalized for the year ended December 31, 2025.
For the years ended December 31, 2025 and 2024, the Company capitalized $5,619 and $3,513, respectively, related to costs of computer software developed for internal use. The software is amortized over a two-year period using the straight-line method.
For the years ended December 31, 2025, 2024 and 2023, the Company recorded amortization expense related to intangible assets of $6,273, $4,104 and $4,072, respectively. These amounts were included in cost of goods sold and depreciation and amortization in the accompanying consolidated statements of operations and comprehensive loss.