v3.26.1
GOODWILL AND INTANGIBLES
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLES GOODWILL AND INTANGIBLES
The changes in the carrying amount of goodwill as of March 31, 2026, and since December 31, 2024, were as follows:
(In thousands)
Total(1)
Balance as of December 31, 2024$412,173 
Foreign currency translation(2)
(2,961)
Balance as of December 31, 2025409,212 
Foreign currency translation(2)
(1,424)
Balance as of March 31, 2026$407,788 
(1)Prior periods presented have been recast to conform to the current presentation. See Note 1 for additional information.
(2)The foreign currency translation line item reflects changes in goodwill resulting from fluctuating exchange rates related to the consolidation of certain international subsidiaries.
The aggregate carrying amount of finite-lived intangible assets of $222.4 million is included in Intangible assets, net, in our Condensed Consolidated Balance Sheets as of March 31, 2026. As of March 31, 2026, and December 31, 2025, the gross book value and accumulated amortization of the finite-lived intangible assets were as follows:
March 31, 2026
(In thousands)Gross Book ValueAccumulated AmortizationNet Book ValueRemaining Weighted-Average Useful Life (Years)
Trademark$164,034 $(36,482)$127,552 16.0
Existing subscriber base136,500 (48,375)88,125 7.9
Developed technology38,401 (31,892)6,509 1.0
Content archive5,751 (5,542)209 0.3
Total finite-lived intangibles$344,686 $(122,291)$222,395 12.3
December 31, 2025
(In thousands)Gross Book ValueAccumulated AmortizationNet Book ValueRemaining Weighted-Average Useful Life (Years)
Trademark$164,034 $(34,305)$129,729 16.2
Existing subscriber base136,500 (45,563)90,937 8.2
Developed technology38,401 (30,057)8,344 1.2
Content archive5,751 (5,385)366 0.6
Total finite-lived intangibles$344,686 $(115,310)$229,376 12.4
Amortization expense for finite-lived intangible assets included in Depreciation and amortization in our Condensed Consolidated Statements of Operations was $7.0 million and $6.8 million for the first quarters of 2026 and 2025, respectively. The estimated aggregate amortization expense for the remainder of 2026, and each of the following fiscal years ending December 31, is presented below:
(In thousands)
Remainder of 2026$20,688 
202720,525 
202819,335 
202919,250 
203019,250 
Thereafter123,347 
Total amortization expense$222,395