| INTANGIBLE ASSETS AND GOODWILL |
INTANGIBLE ASSETS AND GOODWILL The Company’s acquired intangible assets at March 31, 2026 and December 31, 2025 consisted of the following (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | Weighted
average
amortization
period (years) | | Cost | | Accumulated
amortization | | Net
carrying
value | | | | | | | | | | Tradenames and trademarks | 5.64 | | $ | 3,729 | | | $ | 3,365 | | | $ | 364 | | | Licenses and customer base | 8.68 | | 23,955 | | | 7,919 | | | 16,036 | | | Non-compete agreements | 2.00 | | 42 | | | 42 | | | — | | | 8.23 | | $ | 27,726 | | | $ | 11,326 | | | $ | 16,400 | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | Weighted
average
amortization
period (years) | | Cost | | Accumulated
amortization | | Net
carrying
value | | | | | | | | | | Tradenames and trademarks | 5.64 | | $ | 3,729 | | | $ | 3,224 | | | $ | 505 | | | Licenses and customer base | 8.68 | | 23,955 | | | 7,250 | | | 16,705 | | | Non-compete agreements | 2.00 | | 42 | | | 42 | | | — | | | 8.23 | | $ | 27,726 | | | $ | 10,516 | | | $ | 17,210 | |
Estimated future amortization expense for the Company’s intangible assets at March 31, 2026 was as follows:
| | | | | | | Year ending December 31, | | | Remainder of 2026 | $ | 2,151 | | | 2027 | 2,867 | | | 2028 | 2,709 | | | 2029 | 2,230 | | | 2030 | 1,924 | | | Thereafter | 4,519 | | | Total | $ | 16,400 | |
The changes in the carrying value of the Company’s goodwill in the three months ended March 31, 2026 and 2025 were as follows (in thousands): | | | | | | | | | | | | | 2026 | | 2025 | | Balance at January 1, | $ | 24,002 | | | $ | 15,812 | | | FSC Acquisition | — | | | 3,670 | | | | | | | | | | | Balance at March 31, | $ | 24,002 | | | $ | 19,482 | |
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