GOODWILL AND INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

For the three months ended March 31, 2026 and the twelve months ended December 31, 2025, the changes in carrying amount of goodwill were as follows:


	Carrying Value
	2026
Goodwill, January 1,	$	5,944

Currency translation	(31)
Goodwill, March 31, 2026	$	5,913


	Carrying Value
	2025
Goodwill, January 1,	$	5,703
Acquisitions	242
Currency translation	(1)
Goodwill, December 31, 2025	$	5,944

Intangible Assets

The Company’s intangible assets consisted of the following components as of March 31, 2026 and December 31, 2025:


March 31, 2026	Weighted Average Remaining Amortization Useful Lives (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Non-compete agreements	1.6	$	145	$	(129)	$	16
Trade name	5.2	1,659		(969)		690
Customer lists	2.5	4,014		(3,194)		820
Developed technology	—	657		(657)		—
		$	6,475	$	(4,949)	$	1,526


December 31, 2025	Weighted Average Remaining Amortization Useful Lives (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Non-compete agreements	2.7	$	147	$	(133)	$	14
Trade name	5.4	1,662		(933)		729
Customer lists	1.8	4,017		(3,072)		945
Developed technology	—	657		(657)		—
		$	6,483	$	(4,795)	$	1,688

Amortization expense for the three months ended March 31, 2026 and 2025 was $159 and $238, respectively. Intangible assets are amortized on a straight-line basis over their estimated useful lives. No impairment in the value of amortizable intangible assets was recognized during the three months ended March 31, 2026 and 2025.

Estimated future amortization expense for intangible assets for the remainder of the fiscal year ending December 31, 2026, and for each of the next fiscal years are as follows:


2026	$	509
2027	575
2028	130
2029	110
2030	110
Thereafter	92
	$	1,526

The change in the book value of amortizable intangible assets is as follows:


	January 1, 2026 Beginning Balance		Acquisition		Amortization		Translation and Other		March 31, 2026 Ending Balance
Non-compete agreements	$	14	$	—	$	(1)	$	3	$	16
Trade name	729		—		(37)		(2)		690
Customer lists	945		—		(121)		(4)		820

	$	1,688	$	—	$	(159)	$	(3)	$	1,526