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 following table represents a roll-forward of goodwill:
March 31, 2026December 31, 2025
Balance, beginning of period$13,605 $30,205 
Impairment— (16,600)
Balance, end of period$13,605 $13,605 
During the three months ended March 31, 2026 and 2025, management determined there were no triggering events or changes in circumstances that would indicate the carrying value of the Company’s goodwill is not recoverable. As such, no quantitative assessment for impairment was required. No goodwill impairment charges were recorded during each of the three months ended March 31, 2026 and 2025.
Intangible Assets, Net
Intangible assets, net consisted of the following:
March 31, 2026
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Domain names$2,034 $(856)$1,178 
Developed technology600 (105)495 
Customer relationships595 (74)521 
Patents37 (23)14 
Non-compete10 (7)
Licenses(4)— 
Total$3,280 $(1,069)$2,211 
December 31, 2025
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Domain names$2,034 $(797)$1,237 
Developed technology600 (90)510 
Customer relationships595 (64)531 
Patents37 (22)15 
Non-compete10 (6)
Licenses(4)— 
Total$3,280 $(983)$2,297 
Total amortization expense related to intangible assets was $0.1 million and $0.03 million for the three months ended March 31, 2026 and 2025, respectively.
The estimated useful life of the intangible assets is as follows:
Useful life in years
Developed technology
6 - 10
Domain names
3 - 13
Customer relationships
15 - 20
Patents
12
Non-compete
3
Licenses
5
There was no intangible asset impairment expense recorded in the three months ended March 31, 2026 and 2025.