The Company’s goodwill balance is attributable to its Content reporting unit and is tested for impairment annually on October 1 or upon a triggering event. No triggering events were identified during the three months ended March 31, 2026.

The following table summarizes the changes in the carrying value of the Company’s goodwill balance during the three months ended March 31, 2026 (in thousands):


	Goodwill
Balance as of December 31, 2025	$	574,614


Foreign currency translation adjustment	(445)

Balance as of March 31, 2026	$	574,169

Intangible assets, all of which are subject to amortization, consisted of the following as of March 31, 2026 and December 31, 2025 (in thousands):


	As of March 31, 2026							As of December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Life (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Customer relationships	$	106,152	$	(47,009)	$	59,143	11	$	106,557	$	(45,066)	$	61,491
Trade name	69,609		(20,410)		49,199		11	69,702		(19,072)		50,630
Developed technology	179,498		(118,891)		60,607		5	179,917		(113,223)		66,694
Contributor content	81,606		(46,734)		34,872		8	81,478		(44,682)		36,796

Patents	259		(201)		58		18	259		(197)		62

Total	$	437,124	$	(233,245)	$	203,879		$	437,913	$	(222,240)	$	215,673

Amortization expense was $11.7 million and $12.1 million for the three months ended March 31, 2026 and 2025, respectively. Of these amounts, $10.2 million and $10.5 million are included in cost of revenue for the three months ended March 31, 2026 and 2025, respectively, and $1.5 million and $1.6 million are included in general and administrative expense for the three months ended March 31, 2026 and 2025, respectively.

The Company determined that there was no indication of impairment of the intangible assets for any period presented. Estimated amortization expense is: $33.6 million for the remaining nine months of 2026, $38.9 million in 2027, $36.0 million in 2028, $29.3 million in 2029, $17.9 million in 2030, $12.7 million in 2031 and $35.4 million thereafter.