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Goodwill and intangible assets, net (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Goodwill rollforward for the years ended December 31, 2024 and 2023 was as follows:
Amount
(in thousands)
Goodwill as of January 1, 2023$45,514 
Mutual Mobile purchase accounting adjustment
(677)
Acquisition of NextSphere9,031 
Goodwill as of December 31, 2023$53,868 
Acquisition of JUXT23,332 
Acquisition of Mobile Computing
7,615 
Effect of net foreign currency exchange rate changes(1,408)
Goodwill as of December 31, 2024$83,407 
Schedule of intangible assets
Intangible assets consist of the following:
Estimated
Useful Life
As of December 31,
20242023
(in years)
(in thousands)
Customer relationships
8 - 12
$52,664 $27,839 
Tradenames
2 - 10
6,904 5,324 
Acquired software2.5995 995 
Non-compete agreements2584 584 
$61,147 $34,742 
Less: Accumulated amortization(13,229)(8,196)
Intangible assets, net$47,918 $26,546 
Estimated future amortization expense Based on the carrying value of the Company’s existing intangible assets as of December 31, 2024, the estimated amortization expense for the future years is as follows:
Amount
(in thousands)
2025
$7,390 
2026
6,894 
2027
6,349 
2028
6,210 
2029
5,704 
Thereafter15,371 
Total$47,918