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

Note 9: Intangible Assets, net

 

The Company had the following intangible assets (in thousands) with their weighted average remaining amortization period (in years):

             
   Weighted Average Remaining Amortization  As of
   Period  June 30, 2026   December 31, 2025 
Customer Relationships  4.0  $17,325   $17,325 
Digital Networks  11.8   803    803 
Trade Names  64.9   9,198    9,198 
Intangible Assets, gross      27,326    27,326 
              
Less Accumulated Amortization      (8,828)   (7,833)
Foreign Currency Translation Adjustment      (2,320)   (1,889)
Intangible Assets, net     $16,178   $17,604 

 

During the three months ended June 30, 2026 and June 30, 2025, the Company recorded intangible asset amortization expense of $0.5 million and $0.5 million, respectively. During the six months ended June 30, 2026 and June 30, 2025, the Company recorded intangible asset amortization expense of $1.0 million and $1.0 million, respectively.

 

Expected future amortization of intangible assets subject to amortization as of June 30, 2026 is as follows (in thousands):

   
Fiscal Year:   
2026  $987 
2027   1,973 
2028   1,973 
2029   1,973 
2030   871 
Thereafter   3,835 
Total  $11,612 

 

As of June 30, 2026 and December 31, 2025, $4.6 million and $4.7 million, respectively, of the Company’s intangible assets related to the acquired trade names from the Wow acquisition had indefinite lives and are not subject to amortization.