v3.26.1
Intangible Assets and Goodwill (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Intangible Assets
Amortization is computed using the straight-line method over the following estimated useful lives:
Intellectual property
6 - 30 years
Customer relationships
14 years
Our intangible assets consist of the following:
June 30,
2026		December 31,
2025
Definite-lived intangible assets(in thousands)
Intellectual property$11,750 $12,450 
Customer relationships47,547 47,547 
Capitalized internal-use software40,798 34,802 
Less:  Accumulated amortization28,665 25,463 
Definite-lived intangible assets, net71,430 69,336 
Indefinite-lived intangible assets
Trademarks14,571 14,571 
Total intangible assets, net$86,001 $83,907 
Schedule of Amortization Expense
Amortization expense is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Amortization expense$1,660 $1,669 $3,202 $3,744 

The weighted-average amortization period for definite-lived intangible assets are as follows as of June 30, 2026:
(in years)
Intellectual property17.6
Customer relationships9.4
Capitalized internal-use software7.3
Definite-lived intangible assets10.1
Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense
Total future amortization expense for finite-lived intangible assets was estimated as follows:
(in thousands)
2026$3,453 
20276,850 
20286,285 
20295,903 
20304,975 
Thereafter25,466 
Total future amortization expense52,932 
Internal-use software projects in process18,498 
Total$71,430 
Goodwill
The changes in the carrying amount of goodwill were as follows:
June 30,
2026		December 31,
2025
(in thousands)
Balance, beginning of period
$81,892 $81,892 
Decreases due to acquisition adjustments— — 
Balance, end of period$81,892 $81,892