| Summary of Intangible Assets |
The following table summarizes intangible assets as of September 30, 2026 and December 31, 2025 (in thousands):
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September 30, 2026 |
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December 31, 2025 |
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|
Gross
Amount |
|
|
Accumulated Amortization |
|
|
Net |
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|
Gross
Amount |
|
|
Accumulated Amortization |
|
|
Net |
|
Customer relationships |
|
$ |
254,550 |
|
|
$ |
75,646 |
|
|
$ |
178,904 |
|
|
$ |
254,550 |
|
|
$ |
48,722 |
|
|
$ |
205,828 |
|
Licensed data |
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|
29,164 |
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|
|
25,986 |
|
|
|
3,178 |
|
|
|
28,601 |
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|
|
22,954 |
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|
|
5,647 |
|
Website domain |
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|
19 |
|
|
|
— |
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|
|
19 |
|
|
|
19 |
|
|
|
— |
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|
|
19 |
|
Trade names |
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41,000 |
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|
|
13,286 |
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|
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27,714 |
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|
|
41,000 |
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|
|
8,892 |
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|
|
32,108 |
|
Developed technology - biotech |
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|
114,000 |
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|
|
38,000 |
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|
|
76,000 |
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|
|
114,000 |
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|
|
20,900 |
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|
|
93,100 |
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Developed technology - software |
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|
18,000 |
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|
|
10,000 |
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|
|
8,000 |
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|
|
18,000 |
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|
|
5,500 |
|
|
|
12,500 |
|
|
|
$ |
456,733 |
|
|
$ |
162,918 |
|
|
$ |
293,815 |
|
|
$ |
456,170 |
|
|
$ |
106,968 |
|
|
$ |
349,202 |
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| Summary of Estimated Future Amortization Expense Related to Intangible Assets |
As of September 30, 2026, the estimated future amortization expense related to intangible assets is as follows (in thousands):
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|
|
10/1/2026 - 12/31/2026 |
|
18,495 |
|
2027 |
|
69,329 |
|
2028 |
|
62,987 |
|
2029 |
|
61,344 |
|
2030 |
|
40,319 |
|
2031 |
|
38,143 |
|
Thereafter |
|
3,179 |
|
Total |
$ |
293,796 |
|
|
| Summary of Capitalized Software |
The following summarizes capitalized software, net as of September 30, 2026 and December 31, 2025 (in thousands):
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|
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September 30, 2026 |
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December 31, 2025 |
|
Capitalized software, gross |
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|
41,280 |
|
|
|
6,216 |
|
Less: accumulated amortization |
|
|
(719 |
) |
|
|
(165 |
) |
Capitalized software, net |
|
$ |
40,561 |
|
|
$ |
6,051 |
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|