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Intangible Assets and Goodwill
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets
The tables below summarize the Company’s intangible assets(in thousands):
Useful
Life
(Years)		Weighted
Average
Remaining
Life
(Years)		March 31, 2025
Intangible AssetsAccumulated Amortization Net Balance
Trade names
2 - 9
3.938,847 (21,870)16,977 
Capitalized internal use software31.540,591 (18,886)21,705 
Software and technology
3 - 9
3.9197,132 (108,172)88,960 
Total$276,570 $(148,928)$127,642 
Useful
Lives
(Years)		Weighted
Average
Remaining
Life
(Years)		December 31, 2024
Intangible AssetsAccumulated AmortizationNet Balance
Trade names
2 - 9
4.238,822 (20,784)18,038 
Capitalized internal use software31.837,238 (16,087)21,151 
Software and technology
3 - 9
4.1196,821 (102,307)94,514 
Total$272,881 $(139,178)$133,703 
The intangible assets are being amortized over their respective original useful lives, which range from two to nine years. The Company recorded amortization expense related to the above intangible assets of approximately $9.6 million and $8.9 million for the three months ended March 31, 2025 and 2024, respectively.
The estimated future amortization expense associated with intangible assets, net is as follows (in thousands):
Year ended December 31, Future Amortization
2025$28,965 
202636,417 
202730,355 
202825,585 
20296,320 
Total$127,642 
Goodwill
The following table is a summary of the changes to goodwill for the three months ended March 31, 2025 (in thousands):
Balance - December 31, 2024
$615,399 
Foreign currency translation adjustment4,956 
Balance - March 31, 2025
$620,355 
During the three months ended March 31, 2025, we performed a qualitative assessment of goodwill impairment and concluded that it was not more-likely-than-not that the fair value was less than the carrying value.
Goodwill includes a cumulative impairment charge of $148.1 million as of March 31, 2025 related to the historical FaceBank reporting unit.