Intangible Assets, Net

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Note 10. Intangible Assets, Net

The following is a summary of intangible assets with definite and indefinite lives (in thousands):


	Balance at June 30, 2026						Balance at December 31, 2025
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Definite Lived:
Customer relationships	$	9,180	$	8,561	$	619	$	9,180	$	7,987	$	1,193
Indefinite Lived:
Tradename		10,750		—		10,750		10,750		—		10,750
Total intangible assets	$	19,930	$	8,561	$	11,369	$	19,930	$	7,987	$	11,943

For each of the three months ended June 30, 2026 and 2025, amortization expense was $0.3 million and for each of the six months ended June 30, 2026 and 2025, amortization expense was $0.6 million.

As of June 30, 2026, the remaining weighted-average useful life of definite lived intangible assets was 0.5 years. The estimated future amortization expense of intangible assets with definite lives was as follows (in thousands):


	Amount
Remainder of 2026	$	574
2027		45
Estimated future amortization expense of definite lived intangible assets	$	619