GOODWILL AND INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS, NET

GOODWILL AND INTANGIBLE ASSETS, NET                                                            

Goodwill    

As of December 31, 2025 and 2024 the carrying amount of the Company's total goodwill was $555,931.    

Intangible Assets, Net                                                            

Definite-lived intangible assets, net consist of the following:                                

	Gross Fair		Accumulated		Net Book
December 31, 2025	Value		Amortization		Value
Merchant/Network affiliate relationships	$	146,547	$	(141,119)	$	5,428
Technology	74,193		(66,549)		7,644
Publisher relationships	42,934		(42,934)		—
Tradenames	24,397		(24,131)		266
Customer relationship	13,473		(12,886)		587
Total	$	301,544	$	(287,619)	$	13,925

    

	Gross Fair		Accumulated		Net Book
December 31, 2024	Value		Amortization		Value
Merchant/Network affiliate relationships	$	146,547	$	(108,558)	$	37,989
Technology	74,193		(55,039)		19,154
Publisher relationships	42,934		(35,778)		7,156
Tradenames	24,097		(24,097)		—
Customer relationship	13,473		(12,705)		768
Total	$	301,244	$	(236,177)	$	65,067

Amortization expenses for intangible assets were $51,442, $60,518 and $63,888 for the years ended December 31, 2025, 2024 and 2023, respectively.

The estimated future amortization expense of definite-lived intangible assets as of December 31, 2025, is as follows:

Year Ending December 31,
2026	$	13,391
2027	236
2028	112
2029 and thereafter	186
Total	$	13,925