| Intangible Assets, net |
Intangible Assets, net The intangible asset balances, accumulated amortization, and accumulated impairment are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | Gross carrying amount | | Accumulated amortization | | Accumulated impairment | | Impact of foreign currency translation | | Net carrying amount | | Weighted average useful life in years | | Customer relationships | $ | 109,555 | | | $ | (22,232) | | | $ | (43,264) | | | $ | — | | | $ | 44,059 | | | 15.3 | | Licenses and certifications | 5,990 | | | (214) | | | — | | | — | | | 5,776 | | | 7.0 | | Technology | 110,755 | | | (25,471) | | | (9,547) | | | — | | | 75,737 | | | 7.0 | | Software for sale | 18,381 | | | (7,101) | | | — | | | (109) | | | 11,171 | | | 3.0 | | Trade name | 1,855 | | | (585) | | | (592) | | | — | | | 678 | | | 3.7 | Total | $ | 246,536 | | | $ | (55,603) | | | $ | (53,403) | | | $ | (109) | | | $ | 137,421 | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross
carrying
amount | | Accumulated amortization | | Accumulated impairment | | Impact of foreign currency translation | | Net
carrying
amount | | Weighted
average
useful
life in years | | Customer relationships | $ | 109,055 | | | $ | (20,650) | | | $ | (43,264) | | | $ | — | | | $ | 45,141 | | | 15.2 | | Licenses and certifications | 5,990 | | | — | | | — | | | — | | | 5,990 | | | 7.0 | | Technology | 106,255 | | | (22,282) | | | (9,547) | | | — | | | 74,426 | | | 7.0 | | Software for sale | 18,020 | | | (5,258) | | | — | | | 361 | | | 13,123 | | | 3.0 | | Trade name | 1,855 | | | (473) | | | (592) | | | — | | | 790 | | | 3.5 | | Total | $ | 241,175 | | | $ | (48,663) | | | $ | (53,403) | | | $ | 361 | | | $ | 139,470 | | | |
The table below presents all amortization and impairment expense related to all intangible assets as well as amortization expense related to capitalized software for the following periods: | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | | 2026 | | 2025 | | | Amortization expense related to intangible assets | | | | | $ | 6,940 | | | $ | 3,350 | | | | | | | | | | | | | | | | | | | | | | | | Amortization expense related to capitalized software | | | | | $ | 1,844 | | | $ | 625 | | | |
The table below presents the estimated amortization expense on intangible assets for the next five years and thereafter as of March 31, 2026:
| | | | | | | Remainder of 2026 | $ | 20,743 | | | 2027 | 24,492 | | | 2028 | 20,862 | | | 2029 | 14,161 | | | 2030 | 13,882 | | | Thereafter | 43,281 | | | Total estimated amortization expense | $ | 137,421 | |
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