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Intangible and Other Non-Current Assets
 12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
INTANGIBLE AND OTHER NON-CURRENT ASSETS INTANGIBLE AND OTHER NON-CURRENT ASSETS
Intangible and other non-current assets are as follows (in thousands):
December 31, 2025December 31, 2024
Trade names$29,867 $28,116 
Internally developed software, net of accumulated amortization of $1,898 and $764, respectively
6,948 5,601 
Capitalized commissions on preneed contracts, net of accumulated amortization
of $5,288 and $4,653, respectively
5,151 4,991 
Prepaid agreements not-to-compete, net of accumulated amortization of $3,875 and $3,543, respectively
650 923 
Non-current prepaid and other intangibles, net of accumulated amortization of $478 and $109, respectively
654 1,011 
Deferred Compensation
337 — 
Intangible and other non-current assets, net including HFS
$43,607 $40,642 
Less: Held for sale— (215)
Intangible and other non-current assets, net
$43,607 $40,427 
Trade names
During the year ended December 31, 2025, we increased the value of our trade names by $3.1 million, with $2.1 million allocated to our funeral home segment and $1.0 million allocated to our cemetery segment, related to our acquisition of businesses, as more fully described in Note 3 to the Consolidated Financial Statements.
During the year ended December 31, 2025, four of the funeral homes that we sold and one funeral home that was closed and subsequently sold as real property had a carrying value of trade names of $1.3 million, which was included in the loss on sale and recorded in Net loss on divestitures and impairment charges on our Consolidated Statements of Operations.
During the year ended December 31, 2024, two of the funeral homes that we sold had a carrying value of trade names of $0.2 million, which was included in the loss on sale and recorded in Net loss on divestitures and impairment charges on our Consolidated Statements of Operations.
See Notes See Notes 1, 3, and 5 to the Consolidated Financial Statements for additional information related to Tradenames.
Internally Developed Software
Internally developed software is typically amortized on a straight-line basis over five years. Amortization expense was $1.1 million for each of the years ended December 31, 2025, and $0.3 million for each of the years ended December 31, 2024 and 2023.
Capitalized Commissions
Amortization expense was $0.9 million for each of the years ended December 31, 2025 and 2024, and $0.8 million and for the year ended December 31, 2023.
Prepaid Agreements Not-to-Compete
Prepaid agreements not-to-compete are amortized over the term of the respective agreements, generally ranging from one to ten years. Amortization expense was $0.4 million, $0.5 million, and $0.6 million for the years ended December 31, 2025, 2024 and 2023, respectively.
Non-current Prepaid and Other Intangibles
Non-current prepaid agreements are related to software licenses that have been prepaid for multiple years. These agreements are amortized on a straight-line basis over the term of the respective agreements, generally ranging from two to three years. Other intangible assets relate to intellectual property and are amortized on a straight-line basis, typically over three years. Amortization expense was $0.1 million for each of the years ended December 31, 2025 and 2024 and $37 thousand for the year ended December 31, 2023.
The aggregate amortization expense for our capitalized commissions, prepaid not-to-compete agreements, internal-use software and non-current prepaid and other agreements as of December 31, 2025 is as follows (in thousands):
Capitalized CommissionsPrepaid Agreements Not-to-competeInternally Developed SoftwareNon-current Prepaid and Other Intangibles
Years ending December 31,
2026$964 $306 $1,701 $85 
2027906 182 1,704 488 
2028830 118 1,367 51 
2029727 30 1,090 30 
2030623 5 1,086 — 
Thereafter1,101 9 — — 
Total amortization expense$5,151 $650 $6,948 $654