v3.26.1
Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill

Goodwill balance was $67.1 million as of both December 31, 2025 and June 30, 2026. The Company recognized no impairment charges related to goodwill during the three and six months ended June 30, 2025 and 2026.
Intangible Assets

Acquired intangible assets subject to amortization consist of customer relationships, and are recorded net of amortization and included within other assets on the condensed consolidated balance sheets. The gross and net carrying values and accumulated amortization are as follows:

December 31,
2025
June 30,
2026
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Customer relationships$13,700 $(5,423)$8,277 $13,700 $(5,994)$7,706 

Amortization expense was immaterial for the three and six months ended June 30, 2025 and 2026.
Expected future amortization expense for intangible assets is as follows:

June 30,
2026
Remaining 2026$571 
20271,142 
20281,142 
20291,142 
20301,142 
Thereafter2,567 
     Total$7,706