The following table presents the changes in the carrying value of goodwill by reportable segment for the six months ended June 30, 2026:


	Cannabis
Balance as of December 31, 2025	$	44,365
Foreign currency translation adjustment		(1,590	)
Balance as of June 30, 2026	$	42,775

Intangible assets consisted of the following as of:


Classification	June 30, 2026			December 31, 2025
Licenses	$	17,896		$	18,508
Brands and trademarks*		12,555			12,678
Customer relationships		12,666			13,137
Computer software		424			1,621
Other*		144			144
Less: Accumulated amortization		(13,298	)		(13,191	)
Less: Impairments*		(9,250	)		(9,250	)
Intangibles, net	$	21,137		$	23,647

* Includes indefinite-lived intangible assets

The expected future amortization expense for definite-lived intangible assets as of June 30, 2026 was as follows:


Fiscal period
Remainder of 2026	$	1,584
2027		3,171
2028		1,834
2029		1,831
2030		1,791
Thereafter		7,477
Intangibles, net	$	17,688

Amortization expense was $802 and $837 for the three months ended June 30, 2026 and 2025, respectively, and $1,611 and $1,631 for the six months ended June 30, 2026 and 2025, respectively.

At the end of each reporting period, the Company assesses whether events or changes in circumstances have occurred that would indicate an impairment. The Company considers external and internal factors, including overall financial performance and relevant entity-specific factors, as part of this assessment.

During the six months ended June 30, 2026 and 2025, the Company considered qualitative factors in assessing impairment indicators for the Canadian Cannabis reporting unit.

At June 30, 2026 and June 30, 2025, the Company concluded that no impairment indicators existed as no events or circumstances occurred that would, more likely than not, reduce the fair value of the reporting unit to be below its carrying amounts.