Intangibles

6 Months Ended

Jun. 30, 2025

Intangibles

Intangibles

4. Intangibles

Intangible assets as of June 30, 2025 and December 31, 2024 consisted of following (in thousands):

	June 30, 2025						December 31, 2024
		Gross Amount		Accumulated Amortization		Net Carrying Value		Gross Amount		Accumulated Amortization		Net Carrying Value
Indefinite-Lived intangible assets	$	3,467		—		3,467		3,467		—		3,467
Acquired Software		7,581		2,999		4,582		6,907		2,492		4,415
Acquired Technology		636		155		481		566		102		464
Internal Use Software		3,423		2,316		1,107		3,120		1,877		1,243
Total	$	15,107	$	5,470	$	9,637	$	14,060	$	4,471	$	9,589

The weighted average remaining useful lives of acquired software and acquired technology were 9.3 years as of June 30, 2025.

Amortization expense on intangibles assets was $0.3 million for each of the three months ended June 30, 2025 and 2024. Amortization expense on intangibles assets was $0.8 million and $0.6 million for the six months ended June 30, 2025 and 2024, respectively.  Future amortization is expected as follows:

2025	$	633
2026		1,108
2027		706
2028		566
2029 and thereafter		3,157
	$	6,170