v3.26.1
Intangible Assets
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets Intangible Assets
Internal use software
Internal use software, net consists of the following (in thousands):
As of
June 30,
2026
December 31,
2025
Internal use software
$43,139 $38,689 
Less: Accumulated amortization
(23,247)(20,885)
Internal use software, net
$19,892 $17,804 
Amortization expense for internal use software, which was recorded in cost of revenues in the condensed consolidated statements of operations, was $3.2 million and $5.3 million for the three and six months ended June 30, 2026, respectively. Amortization expense for internal use software was $2.0 million and $3.4 million for the three and six months ended June 30, 2025, respectively. The carrying value of internal use software that was disposed of due to obsolescence during the six months ended June 30, 2026 and 2025 was $1.4 million and $0.5 million, respectively.
Intangible assets, net
Intangible assets consist primarily of acquired intangible assets assumed in prior acquisitions, and were as follows (in thousands):
As of
June 30, 2026December 31, 2025
Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Intangible assets subject to amortization
Customer relationships $9,400 $(4,230)$9,400 $(3,760)
Content creator network 20,300 (20,300)20,300 (20,300)
Trademarks and trade name 8,500 (3,825)8,500 (3,400)
Developed technology 4,200 (3,780)4,200 (3,360)
42,400 (32,135)42,400 (30,820)
Intangible assets not subject to amortization
Domain names 1,142 — 1,142 — 
$43,542 $(32,135)$43,542 $(30,820)
Intangible assets subject to amortization are amortized using a straight-line method over the estimated useful life. The Company recorded $0.7 million and $1.3 million of amortization associated with acquired intangibles for the three and six months ended June 30, 2026, respectively. The Company recorded $0.7 million and $1.3 million of amortization associated with acquired intangibles for the three and six months ended June 30, 2025, respectively.