v3.26.1
Long-Lived Assets
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Excluding Goodwill, after Accumulated Amortization [Abstract]  
Long-Lived Assets Long-Lived Assets
Intangible Assets, Net
The Company has the following intangible assets, net as of June 30, 2026 and December 31, 2025:
($ in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
License Fees
June 30, 2026$56,656 $(30,748)$25,908
December 31, 2025$52,262 $(26,305)$25,957
Internally Developed Software
June 30, 2026$112,703 $(66,762)$45,941
December 31, 2025$96,898 $(53,272)$43,626
Developed Technology
June 30, 2026$6,381 $(3,505)$2,876
December 31, 2025$6,381 $(3,078)$3,303
Other Intangible Assets(1)
June 30, 2026$12,876 $(8,056)$4,820
December 31, 2025$9,993 $(6,443)$3,550
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(1)Other intangible assets include trademarks, media content, customer lists and software licenses.
Amortization expense was $10.1 million and $19.8 million for the three and six months ended June 30, 2026, respectively, compared to amortization expense of $8.8 million and $17.3 million for the same respective periods in 2025.
Property and Equipment, net
Property and equipment, net as of June 30, 2026 and December 31, 2025 was $7.0 million and $7.7 million, respectively. Included within property and equipment, net are finance lease right-of-use assets of $4.5 million and $5.3 million as of June 30, 2026 and December 31, 2025, respectively.
The Company recorded depreciation expense on property and equipment of $0.4 million and $0.8 million for the three and six months ended June 30, 2026, respectively, consistent with the same respective periods in 2025. The Company recorded amortization expense on finance lease right-of-use assets of $0.6 million and $1.2 million for the three and six months ended June 30, 2026, respectively, consistent with the same respective periods in 2025.