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Internal-Use Software Costs, net (Table)
12 Months Ended
Dec. 31, 2023
Finite-Lived Intangible Assets, Net [Abstract]  
Schedule of Finite-Lived Intangible Assets

Internal-use software costs, net consisted of the following for the year ended December 31, 2023 (in thousands):

 

 

 

December 31, 2023

 

 

 

Weighted average remaining amortization period (in years)

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

Internal-Use Software - In-service

 

 

1.8

 

 

$

60,110

 

 

$

(17,059

)

 

$

43,051

 

Internal-Use Software - Work in Progress

 

N/A

 

 

 

12,720

 

 

 

 

 

 

12,720

 

Total Internal-Use Software

 

 

 

 

$

72,830

 

 

$

(17,059

)

 

$

55,771

 

 

Internal-use software costs, net consisted of the following for the year ended December 31, 2022 (in thousands):

 

 

 

December 31, 2022

 

 

 

Weighted average remaining amortization period (in years)

 

 

Gross
 Carrying
 Amount

 

 

Accumulated
Amortization

 

 

Carrying
 Value

 

Internal-Use Software - In-service

 

 

1.8

 

 

$

18,932

 

 

$

(6,930

)

 

$

12,002

 

Internal-Use Software - Work in Progress

 

N/A

 

 

 

24,990

 

 

 

 

 

 

24,990

 

Total Internal-Use Software

 

 

 

 

$

43,922

 

 

$

(6,930

)

 

$

36,992

 

 

Schedule of internal-use software costs, Future Amortization Expense

Estimated amortization expense on existing internal-use software costs for the next three years is as follows (in thousands):

 

Year ended December 31,

 

 

 

2024

 

$

18,238

 

2025

 

 

16,192

 

2026

 

 

8,621

 

Total

 

$

43,051