v3.26.1
Note 10 - Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about intangible assets [abstract]  
Reconciliation of the Carrying Amounts of Goodwill and Intangible Assets

Reconciliation of the Carrying Amounts of Goodwill and Intangible Assets

 

 

 

Goodwill

 

 

Trademark

 

 

Customer Relationships

 

 

Technology

 

 

Other Intangible Assets (1)

 

 

Total

 

Net book value as of January 1, 2024

 

$

429,856

 

 

$

70,600

 

 

$

20,210

 

 

$

6,200

 

 

$

2,059

 

 

$

528,926

 

Additions, net of government grants

 

 

—

 

 

 

—

 

 

 

—

 

 

 

7,263

 

 

 

4,749

 

 

 

12,013

 

Reclassification

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(801

)

 

 

(801

)

Amortization

 

 

—

 

 

 

—

 

 

 

(2,580

)

 

 

(4,079

)

 

 

(2

)

 

 

(6,662

)

Disposals

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(2,888

)

 

 

(2,888

)

Impairment

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(113

)

 

 

—

 

 

 

(113

)

Effect of movements in exchange rates

 

 

(114

)

 

 

—

 

 

 

—

 

 

 

(22

)

 

 

(14

)

 

 

(151

)

Net book value as of December 31, 2024

 

 

429,742

 

 

 

70,600

 

 

 

17,630

 

 

 

9,249

 

 

 

3,103

 

 

 

530,325

 

Additions, net of government grants

 

 

—

 

 

 

—

 

 

 

—

 

 

 

9,699

 

 

 

3,023

 

 

 

12,721

 

Amortization

 

 

—

 

 

 

—

 

 

 

(2,580

)

 

 

(5,608

)

 

 

(2

)

 

 

(8,190

)

Disposals

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(4,011

)

 

 

(4,011

)

Impairment

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(127

)

 

 

(1,819

)

 

 

(1,946

)

Effect of movements in exchange rates

 

 

581

 

 

 

—

 

 

 

—

 

 

 

4

 

 

 

(28

)

 

 

556

 

Net book value as of December 31, 2025

 

$

430,323

 

 

$

70,600

 

 

$

15,050

 

 

$

13,216

 

 

$

266

 

 

$

529,456

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2024:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

$

432,823

 

 

$

70,600

 

 

$

40,732

 

 

$

48,104

 

 

$

6,970

 

 

$

599,231

 

Accumulated amortization and impairment

 

$

(3,081

)

 

$

—

 

 

$

(23,102

)

 

$

(38,854

)

 

$

(3,867

)

 

$

(68,905

)

As of December 31, 2025:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

$

433,404

 

 

$

70,600

 

 

$

40,732

 

 

$

57,805

 

 

$

4,579

 

 

$

607,120

 

Accumulated amortization and impairment

 

$

(3,081

)

 

$

—

 

 

$

(25,682

)

 

$

(44,589

)

 

$

(4,313

)

 

$

(77,664

)

_______________

Other intangible assets include holdings of CELO tokens (see below) and certain other crypto assets, with a total carrying amount of $3.1 million and $0.2 million as of December 31, 2024 and 2025, respectively. These assets have indefinite useful lives and are included in “Other current assets” in the Statement of Financial Position, as they are expected to be realized within twelve months after the reporting period. See Note 15 for information on crypto assets classified as financial assets.
Summary of Estimated Useful Lives of Intangible Assets with Limited Useful Life

For intangible assets with finite useful lives, amortization is calculated on a straight-line basis over the following periods:

•
Customer relationships: Up to 15 years.
•
Technology: Up to 5 years.
•
Other intangible assets: Up to 5 years.