Quarterly report [Sections 13 or 15(d)]

Intangible Assets

v3.26.1
Intangible Assets
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets Intangible Assets
The gross amounts and accumulated amortization of acquired identifiable intangible assets with finite useful lives as of June 30, 2026 and December 31, 2025, included in intangible assets, net in the accompanying condensed consolidated balance sheets, are as follows:
June 30, 2026 December 31, 2025
Useful life
Weighted
Average Remaining
Amortization
Period 2026
 2026
Weighted
Average Remaining
Amortization
Period 2025
 2025
Customer relationships
 4 years 0.0 years $ 2,543  0.0 years $ 2,543 
Brands
 10 years 4.8 years 86,383  5.0 years 85,537 
Trademarks
 5 years 0.0 years 108  0.0 years 105 
Total intangible assets
 89,034  88,185 
Less: accumulated amortization
 (50,012) (44,715)
Total intangible assets, net
 $ 39,022  $ 43,470 
Amortization of acquired intangible assets with finite useful lives is included in general and administrative expenses and was $2.4 million and $2.3 million for the three months ended June 30, 2026 and 2025, respectively and was $4.7 million and $4.8 million for the six months ended June 30, 2026 and 2025, respectively.
Future estimated amortization expense for acquired identifiable intangible assets is as follows:
Amortization Expense
Year ending December 31:
Remainder of 2026
 $ 4,640 
2027 9,281 
2028 8,401 
2029 7,223 
2030 6,933 
Thereafter 2,544 
Total amortization expense $ 39,022