Intangible assets, net (Tables)

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Intangible assets, net consisted of the following:


	Estimated Useful Life	As of
		June 30, 2026		December 31, 2025
	(in years)	(in thousands)
Customer relationships	8-12	$	64,030	$	53,875
Tradenames	2-10	7,576		7,012
Acquired software	2.5	995		995
Non-compete agreements	2	584		584
		$	73,185	$	62,466
Less: Accumulated amortization		(24,354)		(20,858)
Intangible assets, net		$	48,831	$	41,608

Schedule of estimated amortization expense

Based on the carrying value of the Company’s existing intangible assets as of June 30, 2026, the estimated amortization expense for the future years is as follows:


	Amount
	(in thousands)
2026 (excluding six months ended June 30, 2026)	$	4,249
2027	7,971
2028	7,825
2029	7,222
2030	7,100
Thereafter	14,464
Total	$	48,831