v3.26.1
INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
Intangible assets, net, consist of the following:
(In thousands)June 30, 2026December 31, 2025
Capitalized software
$49,858 $44,849 
Acquired intangible assets9,310 9,310 
Other indefinite-lived intangible assets252 252 
Total intangible assets
59,420 54,411 
Less: accumulated amortization(31,822)(26,102)
Intangible assets, net$27,598 $28,309 
The Company capitalized $5,587 and $4,328 of software development costs, with the majority of the costs being employee wages, during the six months ended June 30, 2026 and 2025, respectively. The Company recorded an impairment of capitalized software of $578 for the three and six months ended June 30, 2026, which represents an impairment to write off the capitalization of an internal-use software project prior to being launched to the user base. No impairment was recognized during the three and six months ended June 30, 2025. Amortization expense is included within the following financial statement line items within the Company’s Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income.
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Cost of revenues$2,824 $1,957 $5,598 $4,168 
Sales and marketing
61 144 122 270 
Total
$2,885 $2,101 $5,720 $4,438