The following table reflects goodwill as of June 30, 2026 and December 31, 2025. As of each reporting date, the Company concluded there were no indicators of goodwill impairment.


	Goodwill
Balance at December 31, 2024	$	71,582
Alani Nu Acquisition [1]	734,404
Rockstar Acquisition	109,827
Foreign currency translation	1,747
Balance at December 31, 2025	$	917,560
Alani Nu measurement period adjustment [2]	2,559
Foreign currency translation	(459)
Balance at June 30, 2026	$	919,660

[1] Goodwill recognized in connection with the Alani Nu Acquisition reflects the preliminary purchase price allocation as of December 31, 2025.

[2] See Note 5. Acquisitions, for additional information about the measurement period adjustment.

The carrying amounts and accumulated amortization of intangible assets, net of the impact of foreign exchange rate fluctuations and prior impairments, as of June 30, 2026 and December 31, 2025 are as follows:


	Estimated Weighted Average Useful Life in Years	June 30, 2026		December 31, 2025
Definite-lived intangible assets
Customer relationships	7.45	$	131,734	$	132,183
Brands	3	500		500
Less: accumulated amortization		(32,483)		(20,773)
Definite-lived intangible assets, net		$	99,751	$	111,910

Indefinite-lived intangibles assets - Brands [1]	indefinite	$	1,280,000	$	1,280,005

Brands-net		$	1,280,222	$	1,280,311
Customer relationships-net		$	99,529	$	111,604

[1] During the year ended December 31, 2025, the Company recognized an impairment loss of $0.5 million related to the Func Food brand. The carrying amount presented reflects the adjusted basis following recognition of the impairment loss. No impairment loss was recognized during the three or six months ended June 30, 2026.

The following table reflects the future estimated amortization expense remaining as of June 30, 2026 related to definite-lived intangible assets:


2026	$	11,818
2027	23,608
2028	23,469
2029	23,469
2030	6,795
Thereafter	10,592
Total	$	99,751