GOODWILL AND INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2025

GOODWILL AND INTANGIBLE ASSETS [Abstract]

GOODWILL AND INTANGIBLE ASSETS

NOTE 6– GOODWILL AND INTANGIBLE ASSETS

The following table summarizes changes in our goodwill balance:

Balance at December 31, 2024	$	120,884.2
Goodwill related to acquisitions		-
Balance at September 30, 2025	$	120,884.2

Finite-lived intangible assets, net are summarized as follows:

	September 30, 2025
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible asset
Source code and technology	$	24,500.0	$	(5,664.2	)	$	18,835.8
Exclusivity rights		3,100.0		(711.4	)		2,388.6
Intangible assets, net	$	27,600.0	$	(6,375.6	)	$	21,224.4

Amortization expense was $1,394.7 and $501.7 for the three months ended September 30, 2025 and 2024, respectively, and $4,138.7 and $501.7 for the nine months ended September 30, 2025 and 2024, respectively.  As of September 30, 2025, the weighted-average remaining amortization period for amortizable intangible assets was 3.84 years.

	December 31, 2024
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible asset
Source code and technology	$	24,500.0	$	(1,991.2	)	$	22,508.8
Exclusivity rights		3,100.0		(245.7	)		2,854.3
Intangible assets, net	$	27,600.0	$	(2,236.9	)	$	25,363.1

Based on the balance of finite-lived intangible assets at September 30, 2025, expected future amortization expense is as follows:

Year Ending December 31:
2025 (remainder of)	$	1,394.7
2026		5,529.9
2027		5,533.5
2028		5,548.7
2029		3,217.6
	$	21,224.4