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Intangible Assets
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table reflects, as of December 31, 2024 and December 31, 2023, the carrying values and remaining useful lives of acquired intangible assets:
December 31, 2024December 31, 2023Weighted-Average
Amortization
Period
(in years)
Gross Carrying AmountAccumulated AmortizationNet Carrying ValueGross Carrying AmountAccumulated AmortizationNet Carrying Value
Tradenames and trademarks$50,000 $(8,333)$41,667 $50,000 $(5,208)$44,792 13.3
Developed Technology48,000 (16,000)32,000 48,000 (10,000)38,000 5.3
Customer Relationships98,000 (13,067)84,933 98,000 (8,167)89,833 17.3
$196,000 $(37,400)$158,600 $196,000 $(23,375)$172,625 
The following table summarizes the Company’s estimated future amortization expense of intangible assets with finite lives as of December 31, 2024:
2025$14,025 
202614,025 
202714,025 
202814,025 
202914,025 
Thereafter88,475 
Total estimated future amortization expense$158,600 
Amortization expense for tradenames and trademarks and developed technology of $9.1 million was recorded in general and administrative expenses for each of the years ended December 31, 2024 and 2023, within the consolidated statements of operations and comprehensive loss. Amortization expense for customer relationships of $4.9 million was recorded in selling and marketing expenses for each of the years ended December 31, 2024 and 2023, within the consolidated statements of operations and comprehensive loss.