
	September 30, 2026							December 31, 2025
		Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value

		(in thousands)
Definite-lived intangible assets:
Licenses		$	379,286	$	130,658	$	248,628	$	1,052,371	$	298,744	$	753,627
Trademarks		14,510		14,510		—		27,430		25,254		2,176
Internal use software		65,770		19,885		45,885		67,472		25,110		42,362
Tradenames		1,000		875		125		4,861		4,661		200
Total definite-lived intangible assets		460,566		165,928		294,638		1,152,134		353,769		798,365
Indefinite-lived intangible assets:
Trademarks		40,400		—		40,400		—		—		—
Total indefinite-lived intangible asset		40,400		—		40,400		—		—		—
Total Intangible Assets		$	500,966	$	165,928	$	335,038	$	1,152,134	$	353,769	$	798,365

Amortization expense for definite-lived intangible assets was $9.8 million and $20.7 million for the three months ended September 30, 2026 and 2025, respectively, and $47.5 million and $62.6 million for the nine months ended September 30, 2026 and 2025, respectively. Amortization expense is recorded within depreciation and amortization on the condensed consolidated statements of operations.

The following table outlines the estimated future annual amortization expense related to definite-lived intangible assets as of September 30, 2026, for the period ending December 31, 2026, and for each of the next four years ending December 31, and thereafter:


	Estimated Amortization
Year	(in thousands)
Remainder of 2026	$	9,647
2027	38,430
2028	37,282
2029	35,188
2030	30,687
Thereafter	143,404
Total	$	294,638