| Intangible Asset, Finite-Lived |
Internal-use software development costs and intangible assets consisted of the following (in thousands):
| | | | | | | | | | | | | | | | | | | June 30, 2026 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | Internal-use software development costs | $ | 32,186 | | | $ | (19,089) | | | $ | 13,097 | | Intangible assets: | | | | | | Developed technology | $ | 196,403 | | | $ | (196,403) | | | $ | — | | Trademarks and trade names | 162,502 | | | (66,679) | | | 95,823 | | Software | 5,100 | | | (5,100) | | | — | | Customer relationships | 2,900 | | | (2,716) | | | 184 | | Total | $ | 366,905 | | | $ | (270,898) | | | $ | 96,007 | |
| | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | Internal-use software development costs | $ | 28,325 | | | $ | (14,653) | | | $ | 13,672 | | Intangible assets: | | | | | | Developed technology | $ | 196,403 | | | $ | (192,670) | | | $ | 3,733 | | Trademarks and trade names | 236,053 | | | (92,250) | | | 143,803 | | Software | 5,100 | | | (4,891) | | | 209 | | Customer relationships | 2,900 | | | (2,556) | | | 344 | | Total | $ | 440,456 | | | $ | (292,367) | | | $ | 148,089 | |
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| Schedule of Amortization Expense |
Amortization expense for internal-use software development costs and intangible assets were as follows (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Amortization expense for internal-use software development | $ | 2,280 | | | $ | 1,755 | | | $ | 4,436 | | | $ | 3,374 | | | Amortization expense for intangible assets | $ | 4,440 | | | $ | 18,625 | | | $ | 14,349 | | | $ | 37,276 | |
Amortization expense was presented as follows in the condensed consolidated statements of operations (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Cost of revenue | $ | 1,222 | | | $ | 13,091 | | | $ | 6,130 | | | $ | 26,141 | | | Selling, general, and administrative | $ | 5,498 | | | $ | 7,289 | | | $ | 12,655 | | | $ | 14,509 | |
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