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Goodwill and Other Intangible Assets
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
There were no changes in the carrying amount of goodwill during the three and nine months ended September 30, 2023.
Intangible assets other than goodwill at September 30, 2023 and December 31, 2022 were as follows:
September 30, 2023December 31, 2022Useful
Life (in years)		Weighted Average
Useful Life Remaining
(in years)
(in thousands)GrossAccumulated
Amortization		NetGrossAccumulated
Amortization		Net
Intangible assets with finite lives:
Marketing assets$930 $(876)$54 $930 $(806)$124 10.00.6
Non-compete agreement825 (569)256 828 (487)341 
2.0 - 5.0
1.6
Software technology13,229 (7,410)5,819 13,229 (6,383)6,846 10.04.3
Software platform25,902 (5,928)19,974 26,054 (4,337)21,717 12.09.3
Tradenames348 (312)36 350 (227)123 3.00.3
Customer relationships12,185 (11,656)529 12,197 (10,098)2,099 
3.0 - 9.0
0.2
Total intangible assets$53,419 $(26,751)$26,668 $53,588 $(22,338)$31,250 
Intangible assets allocated to the acquired Hubs entities consisted of intangible assets of €11.6 million in Europe and $16.6 million in the United States as of the date of the acquisition. The Euro denominated intangible assets are translated at the end of each period using the current exchange rates resulting in a foreign currency translation adjustment that is recorded as a component of Other Comprehensive Income. Foreign currency losses related to intangible assets were $1.9 million and $1.7 million as of September 30, 2023 and December 31, 2022, respectively. Amortization expense for intangible assets was $1.5 million for each of the three months ended September 30, 2023 and 2022 and $4.5 million and $4.6 million for the nine months ended September 30, 2023 and 2022, respectively.
Estimated aggregated amortization expense based on the current carrying value of the amortizable intangible assets and current exchange rates is as follows:
(in thousands)Estimated Amortization Expense
Remaining 2023$1,432
20243,713
20253,619
20263,518
20273,509
Thereafter10,877
Total estimated amortization expense$26,668