GOODWILL AND INTANGIBLE ASSETS (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| Schedule of Goodwill |
The following table presents Goodwill carrying values and the change in balance, for our sole reporting unit, during the nine months ended September 30, 2026 (in thousands): | | | | | | | | | | | | | | | | | Total | Balance as of December 31, 2025(1) | | | | | $ | 209,897 | | | | | | | | | | | | | | | | | | | | | Foreign currency translation adjustment | | | | | (870) | | | Balance as of September 30, 2026 | | | | | $ | 209,027 | |
__________________ (1) Net of accumulated impairment losses of $306.2 million.
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| Schedule of Intangible Assets |
The gross carrying value, accumulated amortization and net carrying value of Intangible assets consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | September 30, 2026 | | Gross Carrying
Value | | Accumulated Amortization | | Net Carrying
Value | | Status | $ | 80,000 | | | $ | 48,057 | | | $ | 31,943 | | | Customer relationships | 85,334 | | | 61,512 | | | 23,822 | | | Trade name | 10,000 | | | 6,007 | | | 3,993 | | | Developed technology | 19,045 | | | 19,045 | | | — | | | Leasehold interest – favorable | 600 | | | 163 | | | 437 | | | Foreign currency translation adjustment | 156 | | | 142 | | | 14 | | | Total | $ | 195,135 | | | $ | 134,926 | | | $ | 60,209 | |
| | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross Carrying
Value | | Accumulated Amortization | | Net Carrying
Value | | Status | $ | 80,000 | | | $ | 43,494 | | | $ | 36,506 | | | Customer relationships | 85,334 | | | 53,874 | | | 31,460 | | | Trade name | 10,000 | | | 5,437 | | | 4,563 | | | Developed technology | 19,045 | | | 17,004 | | | 2,041 | | | Leasehold interest – favorable | 600 | | | 146 | | | 454 | | | Foreign currency translation adjustment | 324 | | | 246 | | | 78 | | | Total | $ | 195,303 | | | $ | 120,201 | | | $ | 75,102 | |
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| Schedule of Intangible Liabilities |
The gross carrying value, accumulated amortization and net carrying value of Intangible liabilities consisted of the following as of the dates indicated in the tables below (in thousands): | | | | | | | | | | | | | | | | | | | September 30, 2026 | | Gross Carrying
Value | | Accumulated Amortization | | Net Carrying
Value | | Intangible liabilities | $ | 20,000 | | | $ | 11,992 | | | $ | 8,008 | |
| | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross Carrying
Value | | Accumulated Amortization | | Net Carrying
Value | | Intangible liabilities | $ | 20,000 | | | $ | 10,849 | | | $ | 9,151 | |
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| Schedule of Future Amortization Expense |
Future amortization expense of Intangible assets and Intangible liabilities held as of September 30, 2026, were as follows (in thousands): | | | | | | | | | | | | | Intangible
Assets | | Intangible
Liabilities | | Remainder of 2026 | $ | 4,271 | | | $ | 382 | | | 2027 | 14,440 | | | 1,525 | | | 2028 | 13,960 | | | 1,525 | | | 2029 | 13,217 | | | 1,525 | | | 2030 | 7,134 | | | 1,525 | | | Thereafter | 7,187 | | | 1,526 | | | Total | $ | 60,209 | | | $ | 8,008 | |
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