Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The table below summarizes the Company’s intangible assets at June 30, 2023 and December 31, 2022 (in thousands):

	Useful Life (Years)	Weighted Average Remaining Life (Years)	June 30, 2023
			Intangible Assets		Accumulated Amortization		Net Balance
Customer relationships	2	0.4	$	32,609	$	(30,748)	$	1,861
Trade names	2 - 9	5.6	38,850		(14,311)		24,539
Capitalized Internal Use Software	3	2.4	16,892		(3,172)		13,720
Software and technology	3 - 9	5.6	194,794		(68,507)		126,287
Total			$	283,145	$	(116,738)	$	166,407

	Useful Lives (Years)	Weighted Average Remaining Life (Years)	December 31, 2022
			Intangible Assets		Accumulated Amortization		Net Balance
Customer relationships	2	1.2	$	32,433	$	(28,421)	$	4,012
Trade names	2 - 9	6.2	38,837		(12,018)		26,819
Capitalized Internal Use Software	3	2.4	8,487		(1,757)		6,730
Software and technology	3 - 9	6.1	191,735		(57,464)		134,271
Total			$	271,492	$	(99,660)	$	171,832

Finite-lived Intangible Assets Amortization Expense

The estimated future amortization expense associated with intangible assets, net is as follows (in thousands):

Year ended December 31,	Future Amortization
2023	$	18,189
2024	32,289
2025	30,471
2026	27,993
2027	26,481
Thereafter	30,984
Total	$	166,407

Schedule of Goodwill

The following table is a summary of the changes to goodwill for the six months ended June 30, 2023 (in thousands):

Balance - December 31, 2022	$	618,506
Foreign currency translation adjustment	2,570
Balance - June 30, 2023	$	621,076