v3.26.1
INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
Intangible Assets
Intangible assets consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):
Useful lives20262025
INTANGIBLE ASSETS
Patents
4-10 years
$100 $100 
Customer relationships
8-15 years
50,302 50,973 
Technology
3-5 years
8,558 8,615 
Non-compete3 years391 391 
Tradenames
2-10 years
12,567 12,659 
Intangible assets, at cost71,918 72,738 
Accumulated amortization(59,840)(55,658)
Intangible assets, net of accumulated amortization$12,078 $17,080 
For the three months ended June 30, 2026 and 2025, the Company recorded amortization expense of $2.4 million and $2.5 million, respectively. For the six months ended June 30, 2026 and 2025, the Company recorded amortization expense of $4.9 million and $4.8 million, respectively. No changes in the gross carrying amount of recognized intangible assets were due to translation adjustments as of June 30, 2026, or December 31, 2025. As of December 31, 2025, the Company’s patent and non-compete intangible assets were fully amortized.