v3.26.1
Intangible Assets, Net
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets, Net

5. Intangible Assets, Net

The following table summarizes intangible assets, net as of June 30, 2026 and December 31, 2025 (in thousands):

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domain names

 

$

733

 

 

$

 

 

$

733

 

 

$

697

 

 

$

 

 

$

697

 

Definite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software developed for sale

 

 

348

 

 

 

(193

)

 

 

155

 

 

 

348

 

 

 

(135

)

 

 

213

 

Total intangible assets

 

$

1,081

 

 

$

(193

)

 

$

888

 

 

$

1,045

 

 

$

(135

)

 

$

910

 

The Company’s software developed for sale was placed in service in November 2024 and is being amortized on a straight-line basis over a three-year useful life. Amortization expense was $29 thousand for each of the three months ended June 30, 2026 and 2025 and $58 thousand for each of the six months ended June 30, 2026 and 2025, and is recorded in cost of revenue.