| Summary of Gross Carrying Amounts and Accumulated Amortization of Intangible Assets by Major Class |
The following table summarizes the gross carrying amounts and accumulated amortization of the Company’s intangible assets by major class:
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March 31, 2026 |
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December 31, 2025 |
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Weighted Average |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net
Carrying Amount |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net
Carrying Amount |
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Remaining Useful Life (Years) March 31, 2026 |
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Customer relationships |
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$ |
66,558 |
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$ |
(37,084 |
) |
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$ |
29,474 |
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$ |
66,570 |
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$ |
(35,899 |
) |
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$ |
30,671 |
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|
6.7 |
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Developed technology |
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21,726 |
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(18,879 |
) |
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|
2,847 |
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21,738 |
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(18,738 |
) |
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3,000 |
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|
4.8 |
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Databases |
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29,143 |
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(15,583 |
) |
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|
13,560 |
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29,145 |
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(15,068 |
) |
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14,077 |
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6.6 |
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Tradenames |
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9,325 |
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(5,250 |
) |
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4,075 |
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9,325 |
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(5,090 |
) |
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4,235 |
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6.4 |
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Patents |
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871 |
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(252 |
) |
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|
619 |
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|
871 |
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(248 |
) |
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|
623 |
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16.9 |
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Content library |
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|
592 |
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(257 |
) |
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|
335 |
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592 |
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(242 |
) |
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|
350 |
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5.7 |
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Total |
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$ |
128,215 |
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$ |
(77,305 |
) |
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$ |
50,910 |
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$ |
128,241 |
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$ |
(75,285 |
) |
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$ |
52,956 |
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| Schedule of Expected Future Amortization Expense for Intangible Assets |
The expected future amortization expense for intangible assets as of March 31, 2026 is as follows:
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2026 (remainder) |
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$ |
6,134 |
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2027 |
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|
8,178 |
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2028 |
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|
7,958 |
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2029 |
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|
7,688 |
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2030 |
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|
7,218 |
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Thereafter |
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13,734 |
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Total |
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$ |
50,910 |
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| Schedule of Capitalized Software Development Costs |
Capitalized software development costs are as follows:
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March 31, 2026 |
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December 31, 2025 |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net
Carrying Amount |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net
Carrying Amount |
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Capitalized software development costs |
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$ |
39,838 |
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|
$ |
(27,134 |
) |
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$ |
12,704 |
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|
$ |
38,284 |
|
|
|
(25,699 |
) |
|
$ |
12,585 |
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