Intangible assets, net as of December 31, 2025 consist of (in thousands):


	Gross Carrying Value		Accumulated Amortization		Net
Customer relationships	$	24,271	$	23,860	$	411
Tradenames and trademarks	3,395		3,395		—
Intellectual property	150		108		42
Capitalized internal use software	2,211		121		2,090
Total intangible assets, net	$	30,027	$	27,484	$	2,543

Intangible assets, net as of December 31, 2024 consist of (in thousands):


	Gross Carrying Value		Accumulated Amortization		Net
Customer relationships	$	24,271	$	23,570	$	701
Tradenames and trademarks	3,395		3,274		121
Intellectual property	150		78		72
Capitalized internal use software	1,494		57		1,437
Total intangible assets, net	$	29,310	$	26,979	$	2,331

Amortization expense for intangible assets for the years ended December 31, 2025, 2024 and 2023 was $0.5 million, $0.7 million and $0.6 million, respectively.

Scheduled remaining amortization expense is presented in the table below (in thousands):


Year Ending December 31,	Amortization Expense
2026	$	383
2027	138
2028	—
Thereafter	—
Total	$	521

As of December 31, 2025, the Company capitalized internally developed software of $2.0 million for software that is not yet ready for its intended use. This software has a useful life of three years and is expected to commence amortization during the year ending December 31, 2026.