Intangible Assets, net

The intangible asset balances, accumulated amortization, and accumulated impairment are as follows:



	June 30, 2026
	Gross carrying amount		Accumulated amortization		Accumulated impairment		Impact of foreign currency translation		Net carrying amount		Weighted average useful life in years
Customer relationships	$	109,555	$	(23,879)	$	(43,264)	$	—	$	42,412	15.1
Licenses and certifications	5,990		(428)		—		—		5,562		7.0
Technology	110,755		(28,689)		(9,547)		—		72,519		7.0
Internal Use Software	43		—		—		$	—	43		3.0
Software for sale	18,355		(8,528)		—		(85)		9,742		3.0
Trade name	1,855		(697)		(592)		—		566		4.0
Total	$	246,553	$	(62,221)	$	(53,403)	$	(85)	$	130,844


	December 31, 2025
	Gross carrying amount		Accumulated amortization		Accumulated impairment		Impact of foreign currency translation		Net carrying amount		Weighted average useful life in years
Customer relationships	$	109,055	$	(20,650)	$	(43,264)	$	—	$	45,141	15.2
Licenses and certifications	5,990		—		—		—		5,990		7.0
Technology	106,255		(22,282)		(9,547)		—		74,426		7.0
Software for sale	18,020		(5,258)		—		361		13,123		3.0
Trade name	1,855		(473)		(592)		—		790		3.5
Total	$	241,175	$	(48,663)	$	(53,403)	$	361	$	139,470

The table below presents all amortization and impairment expense related to all intangible assets as well as amortization expense related to capitalized software for the following periods:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Amortization expense related to intangible assets	$	6,618	$	3,340	$	13,558	$	6,690


Amortization expense related to capitalized software	$	1,427	$	615	$	3,297	$	1,240

The table below presents the estimated amortization expense on intangible assets for the next five years and thereafter as of June 30, 2026:


Remainder of 2026	$	15,646
2027	24,123
2028	20,987
2029	14,112
2030	13,794
Thereafter	42,182
Total estimated amortization expense	$	130,844