Intangible assets, net (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible assets

Intangible assets, net consisted of the following:

	Estimated Useful Life	As of
		March 31, 2024		December 31, 2023
	(in years)	(in thousands)
Customer relationships	8-12	$	27,839	$	27,839
Tradenames	2-10	5,324		5,324
Acquired software	2.5	995		995
Non-compete agreements	2	584		584
		$	34,742	$	34,742
Less: Accumulated amortization		(9,211)		(8,196)
Intangible assets, net		$	25,531	$	26,546

Schedule of Estimated amortization expense

Based on the carrying value of the Company’s existing intangible assets as of March 31, 2024, the estimated amortization expense for the future years is as follows:

	Amount
	(in thousands)
2024 (excluding three months ended March 31, 2024)	3,035
2025	3,625
2026	3,168
2027	3,130
2028	3,107
Thereafter	9,466
Total	$	25,531