v3.26.1
Goodwill and Intangible Assets, Net
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Goodwill

The changes in the carrying value of goodwill for the period presented are as follows (in thousands):

Carrying
Value
Balance as of December 31, 2025$278,325 
Addition from acquisitions and related adjustments(1)
68,480 
Foreign currency translation adjustments(3,967)
Balance as of March 31, 2026$342,838 
______________
(1)Includes the goodwill acquired in connection with the YourBio merger and measurement period adjustments related to the fair values of the assets acquired and liabilities assumed in the Zava business combination. These adjustments did not have a material impact on goodwill. See Note 3 – Acquisitions for further details.
Intangible assets, net

Intangible assets, net as of March 31, 2026 consist of the following (in thousands):

Gross
Amount		Accumulated
Amortization
and Impairment		Net
Carrying
Value		Weighted
Average
Remaining
Useful Life
(Years)
Platform partnerships$97,490 $(6,093)$91,397 11.3
Developed intellectual property89,300 (1,472)87,828 14.8
Trade names32,823 (16,872)15,951 2.1
503B pharmacy license28,596 (4,528)24,068 8.4
Other59,597 (17,807)41,790 2.8
Intangible assets, net$307,806 $(46,772)$261,034 10.3

Intangible assets, net as of December 31, 2025 consist of the following (in thousands):

Gross
Amount		Accumulated
Amortization
and Impairment		Net
Carrying
Value		Weighted
Average
Remaining
Useful Life
(Years)
Platform partnerships$99,964 $(4,165)$95,799 11.5
Trade names33,031 (14,951)18,080 2.3
503B pharmacy license28,596 (3,813)24,783 8.7
Other69,208 (11,754)57,454 3.1
Intangible assets, net$230,799 $(34,683)$196,116 7.8

Amortization expense for intangible assets was $12.5 million and $2.1 million for the three months ended March 31, 2026 and 2025, respectively.

There were no impairment charges on intangible assets for the three months ended March 31, 2026 and 2025.

Amortization that will be charged to expense over the remaining life of the intangible assets subsequent to March 31, 2026 is as follows (in thousands):

The remainder of 2026$35,340
202736,379
202825,238
202921,712
203019,374
2031 and thereafter122,991
$261,034