v3.26.1
INTANGIBLE ASSETS AND GOODWILL
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
The Company’s acquired intangible assets at June 30, 2026 and December 31, 2025 consisted of the following (in thousands):

June 30, 2026Weighted
average
amortization
period (years)
CostAccumulated
amortization
Net
carrying
value
Tradenames and trademarks5.64$3,729 $3,412 $317 
Licenses and customer base8.6823,955 8,589 15,366 
Non-compete agreements2.0042 42 — 
8.23$27,726 $12,043 $15,683 

December 31, 2025Weighted
average
amortization
period (years)
CostAccumulated
amortization
Net
carrying
value
Tradenames and trademarks5.64$3,729 $3,224 $505 
Licenses and customer base8.6823,955 7,250 16,705 
Non-compete agreements2.0042 42 — 
8.23$27,726 $10,516 $17,210 
Estimated future amortization expense for the Company’s intangible assets at June 30, 2026 was as follows:

Year ending December 31,
Remainder of 2026$1,434 
20272,867 
20282,709 
20292,230 
20301,924 
Thereafter4,519 
Total$15,683 

The changes in the carrying value of the Company’s goodwill in the six months ended June 30, 2026 and 2025 were as follows (in thousands):
20262025
Balance at January 1,$24,002 $15,812 
FSC Acquisition— 4,239 
Balance at June 30,$24,002 $20,051