v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables) - Securitize, Inc. and Subsidiaries
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Intangible Asset, Finite Lived And Indefinite Lived [Line Items]    
Intangible Asset, Finite-Lived Intangible assets, net and their associated weighted average remaining useful lives in years consisted of the following:
March 31, 2026Gross AmountAccumulated
Amortization		Net Carrying
Value		Weighted-
average
Remaining
Useful Lives
(Years)
Definite-lived intangible assets:
Customer relationships$24,164,931 $(6,597,910)$17,567,021 10.6
Non-compete agreements240,000 (225,333)14,667 0.3
Licenses120,150 (98,123)22,027 0.9
Indefinite-lived intangible assets:
Trading license2,430,000 — 2,430,000 N/A
$26,955,081 $(6,921,366)$20,033,715 
December 31, 2025Gross AmountAccumulated
Amortization		Net Carrying
Value		Weighted-
average
Remaining
Useful Lives
(Years)
Definite-lived intangible assets:
Customer relationships$24,164,931 $(6,085,334)$18,079,597 10.8
Trademarks— — — 
Non-compete agreements240,000 (221,333)18,667 0.4
Licenses120,150 (92,115)28,035 1.2
Indefinite-lived intangible assets:
Trading license2,430,000 — 2,430,000 N/A
$26,955,081 $(6,398,782)$20,556,299 
The Company amortizes its definite-lived intangible assets using the straight-line method over their estimated useful lives as follows:
Classification
Estimated
useful life
Customer relationships
10 – 15 years
Non-compete agreements
3 – 5 years
Licenses
5 years
 Intangible assets, net and their associated weighted average remaining useful lives in years consisted of the following:
December 31, 2025Gross AmountAccumulated
Amortization		Net Carrying
Value		Weighted-
average
Remaining
Useful Lives
(Years)
Definite-lived intangible assets:
Customer relationships
$24,164,931 $(6,085,334)$18,079,597 10.8
Non-compete agreements
240,000 (221,333)18,667 0.4
Licenses
120,150 (92,115)28,035 1.2
Indefinite-lived intangible assets:
Trading license
2,430,000 — 2,430,000 N/A
$26,955,081 $(6,398,782)$20,556,299 
December 31, 2024Gross AmountAccumulated
Amortization		Net Carrying
Value		Weighted-
average
Remaining
Useful Lives
(Years)
Definite-lived intangible assets:
Customer relationships
$14,764,931 $(4,309,198)$10,455,733 11.4
Non-compete agreements
240,000 (183,111)56,889 0.8
Licenses
120,150 (68,085)52,065 2.2
Indefinite-lived intangible assets:
Trading license
2,430,000 — 2,430,000 N/A
$17,555,081 $(4,560,394)$12,994,687 
Intangible Asset, Indefinite-Lived Intangible assets, net and their associated weighted average remaining useful lives in years consisted of the following:
March 31, 2026Gross AmountAccumulated
Amortization		Net Carrying
Value		Weighted-
average
Remaining
Useful Lives
(Years)
Definite-lived intangible assets:
Customer relationships$24,164,931 $(6,597,910)$17,567,021 10.6
Non-compete agreements240,000 (225,333)14,667 0.3
Licenses120,150 (98,123)22,027 0.9
Indefinite-lived intangible assets:
Trading license2,430,000 — 2,430,000 N/A
$26,955,081 $(6,921,366)$20,033,715 
December 31, 2025Gross AmountAccumulated
Amortization		Net Carrying
Value		Weighted-
average
Remaining
Useful Lives
(Years)
Definite-lived intangible assets:
Customer relationships$24,164,931 $(6,085,334)$18,079,597 10.8
Trademarks— — — 
Non-compete agreements240,000 (221,333)18,667 0.4
Licenses120,150 (92,115)28,035 1.2
Indefinite-lived intangible assets:
Trading license2,430,000 — 2,430,000 N/A
$26,955,081 $(6,398,782)$20,556,299 
 Intangible assets, net and their associated weighted average remaining useful lives in years consisted of the following:
December 31, 2025Gross AmountAccumulated
Amortization		Net Carrying
Value		Weighted-
average
Remaining
Useful Lives
(Years)
Definite-lived intangible assets:
Customer relationships
$24,164,931 $(6,085,334)$18,079,597 10.8
Non-compete agreements
240,000 (221,333)18,667 0.4
Licenses
120,150 (92,115)28,035 1.2
Indefinite-lived intangible assets:
Trading license
2,430,000 — 2,430,000 N/A
$26,955,081 $(6,398,782)$20,556,299 
December 31, 2024Gross AmountAccumulated
Amortization		Net Carrying
Value		Weighted-
average
Remaining
Useful Lives
(Years)
Definite-lived intangible assets:
Customer relationships
$14,764,931 $(4,309,198)$10,455,733 11.4
Non-compete agreements
240,000 (183,111)56,889 0.8
Licenses
120,150 (68,085)52,065 2.2
Indefinite-lived intangible assets:
Trading license
2,430,000 — 2,430,000 N/A
$17,555,081 $(4,560,394)$12,994,687 
Future Amortization Expense Schedule of Finite-Lived Intangible Assets   As of December 31, 2025, expected future amortization expense is as follows:
Year Ending December 31,
2026$2,093,001 
20272,054,308 
20282,050,303 
20292,050,303 
20302,050,303 
Thereafter
7,828,081 
$18,126,299 
Movement in Goodwill  
The following table summarizes the changes in the carrying amount of Goodwill for the periods indicated:
Continuing
Operations		Discontinued
Operations
January 1, 2024$10,512,975 $8,995,793 
Goodwill recognized in connection with the Theorem acquisition
2,817,294 — 
Less: Impairment of Securitize for Advisors goodwill
— (3,000,000)
December 31, 2024$13,330,269 $5,995,793 
Less: Impairment of Securitize for Advisors goodwill
— (4,122,926)
Goodwill recognized in connection with the MG Stover acquisition
13,035,001 — 
Less: Sale of Securitize for Advisors
— (1,872,867)
December 31, 2025$26,365,270 $—