As of December 31, 2025 and 2024, the balance of our goodwill was $178.7 million. All goodwill is within our North America segment, which had a negative carrying value as of December 31, 2025. There was no goodwill activity during the years ended December 31, 2025 and 2024.

We performed our annual goodwill impairment assessment as of October 1, 2025, 2024, and 2023 using the income approach and did not identify any goodwill impairment.

In March 2024, we entered into an agreement with a third party to sell the rights to certain intangible assets in exchange for cash consideration of $10.0 million, subject to license-back provisions that permit continued use of the assets in the ordinary course of our business. The sale was completed in April 2024 and resulted in a pre-tax gain of $5.0 million. The pre-tax gain is presented within Gain on sale of assets on the Consolidated Statement of Operations for the year ended December 31, 2024. The cash activity is presented within Proceeds from sale of assets, net in the investing section on the Consolidated Statement of Cash Flows and includes cash consideration received of $10.0 million, less $1.0 million in fees. The assets were within our North America segment.


	December 31, 2025						December 31, 2024
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Merchant relationships	17,067		17,067		—		18,576		18,576		—
Trade names	9,190		9,100		90		9,425		9,027		398
Patents	1,250		1,160		90		1,250		1,008		242
Other intangible assets	10,519		7,475		3,044		10,483		6,385		4,098
Total	$	38,026	$	34,802	$	3,224	$	39,734	$	34,996	$	4,738

Amortization of intangible assets is computed using the straight-line method over their estimated useful lives, which range from 1 to 10 years. Amortization expense related to intangible assets was $1.5 million, $3.0 million and $7.8 million for the years ended December 31, 2025, 2024 and 2023.