v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
The following table reflects the changes in the carrying amount of goodwill:
(in thousands)
June 30, 2026
December 31, 2025
Balance, beginning of period
$
66,523 
$
58,037 
Additions due to acquisitions (Note 3)
— 
8,486 
Balance, end of period
$
66,523 
$
66,523 
The Company recognized no impairment of Goodwill for the periods ended June 30, 2026 and June 30, 2025. All goodwill is allocated to the Digital Assets segment.
Other Intangible Assets
The following table represents intangible assets and accumulated amortization as of June 30, 2026 and December 31, 2025:
(in thousands)
June 30, 2026
December 31, 2025
Software technology (1)
54,995 
$
48,494 
Other purchased finite-life intangible assets
13,701 
13,701 
Indefinite-lived intangible asset
1,761 
1,761 
Intangible assets, gross
70,457 63,956 
Less: Accumulated amortization
(39,854)
(34,458)
Intangible assets, net
$
30,603 
$
29,498 
_________________
(1)Includes capitalized equity based compensation of $5.0 million and $4.6 million as of June 30, 2026 and December 31, 2025, respectively.
The Company estimates that there is no significant residual value related to its finite-life intangible assets. The expected future amortization expense for currently amortizing finite-life intangible assets for the next five years is as follows:
(in thousands)
Amounts
2026$5,337 
20279,407 
20288,020 
2029547 
2030
120 
Total future amortization expense
$
23,431