Quarterly report [Sections 13 or 15(d)]

Intangible Assets (Tables)

v3.25.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Finite-Lived Intangible Assets
The gross amounts and accumulated amortization of acquired identifiable intangible assets with finite useful lives as of March 31, 2025 and December 31, 2024, included in intangible assets, net in the accompanying condensed consolidated balance sheets, are as follows:
March 31, 2025 December 31, 2024
Useful life
Weighted
Average
Amortization
Period 2025
2025
Weighted
Average
Amortization
Period 2024
2024
Customer relationships
4 years 0.0 years $ 2,543  0.3 years $ 7,360 
Brands
10 years 5.8 years 83,765  6.0 years 83,612 
Trademarks
5 years 0.3 years 98  0.3 years 98 
Total intangible assets
86,406  91,070 
Less: accumulated amortization
(36,517) (38,716)
Total intangible assets, net
$ 49,889  $ 52,354 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Future estimated amortization expense for acquired identifiable intangible assets is as follows:
Amortization Expense
Year ending December 31:
Remainder of 2025
$ 6,806 
2026 9,069 
2027 9,069 
2028 8,270 
2029 7,203 
Thereafter 9,472 
Total amortization expense $ 49,889