XML 25 R13.htm IDEA: XBRL DOCUMENT v3.24.3
Intangible Assets and Goodwill
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets
Our intangible assets consist of the following:
 September 30,
2024
December 31,
2023
Definite-lived intangible assets(in thousands)
Intellectual property$12,450 $12,450 
Customer relationships47,547 47,547 
Capitalized internal-use software18,297 3,323 
Less:  Accumulated amortization(15,919)(9,838)
               Total, net62,375 53,482 
Indefinite-lived intangible assets
Trademarks14,571 14,571 
Total intangible assets, net$76,946 $68,053 
Amortization expense is as follows:
 Three Months EndedNine Months Ended
 September 30,
2024
September 30,
2023
September 30,
2024
September 30,
2023
(in thousands)
Amortization expense$2,626 $902 $6,081 $2,705 
Total future amortization expense for finite-lived intangible assets was estimated as follows:
 (in thousands)
2024$2,627 
20256,395 
20264,780 
20274,763 
20284,655 
Thereafter29,120 
Total future amortization expense52,340 
Internal-use software projects not in service10,035 
Total$62,375 
Goodwill
The changes in the carrying amount of goodwill were as follows:
Nine Months Ended
September 30,
2024
September 30,
2023
(in thousands)
Balance, beginning of period
$81,892 $81,892 
Additions (decreases) during the period
— — 
Balance, end of period$81,892 $81,892