Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

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

	Useful Life (Years)	Weighted Average Remaining Life (Years)	September 30, 2023
			Intangible Assets		Accumulated Amortization		Net Balance
Customer relationships	2	0.2	$	32,357	$	(31,633)	$	724
Trade names	2 - 9	5.4	38,832		(15,436)		23,396
Capitalized Internal Use Software	3	2.4	21,362		(4,113)		17,249
Software and technology	3 - 9	5.4	195,256		(74,076)		121,180
Total			$	287,807	$	(125,258)	$	162,549

	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	$	9,278
2024	33,918
2025	32,100
2026	29,716
2027	26,460
Thereafter	31,077
Total	$	162,549

Schedule of Goodwill

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

Balance - December 31, 2022	$	618,506
Foreign currency translation adjustment	(1,112)
Balance - September 30, 2023	$	617,394