Quarterly report [Sections 13 or 15(d)]

Intangible Assets

v3.26.3
Intangible Assets
9 Months Ended
Sep. 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 September 30, 2026 and December 31, 2025, included in intangible assets, net in the accompanying condensed consolidated balance sheets, are as follows:
September 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 4.3 years 86,740  5.0 years 85,537 
Trademarks
5 years 0.0 years 110  0.0 years 105 
Total intangible assets
89,393  88,185 
Less: accumulated amortization
(52,633) (44,715)
Total intangible assets, net
$ 36,760  $ 43,470 
Amortization of acquired intangible assets with finite useful lives is included in general and administrative expenses and was $2.3 million and $2.3 million for the three months ended September 30, 2026 and 2025, respectively and was $7.0 million and $7.1 million for the nine months ended September 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
$ 2,327 
2027 9,309 
2028 8,419 
2029 7,225 
2030 6,932 
Thereafter 2,548 
Total amortization expense $ 36,760