Intangible Assets

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets subject to amortization that are not fully amortized are as follows (in thousands except years):


	Weighted average useful life	As of September 30, 2025						As of December 31, 2024
		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	2.1	$	10,400	$	(6,066)	$	4,334	$	10,400	$	(4,507)	$	5,893
Reacquired rights	4.1	17,618		(7,341)		10,277		17,618		(5,453)		12,165
Total intangible assets		$	28,018	$	(13,407)	$	14,611	$	28,018	$	(9,960)	$	18,058

Amortization expense of intangible assets was not material for the three and nine months ended September 30, 2025 or 2024.

As of September 30, 2025, expected amortization expense for the unamortized finite-lived intangible assets for the next five years and thereafter is as follows (in thousands):


Year ended December 31,	Amount
Remainder of 2025	$	1,150
2026	4,597
2027	4,250
2028	2,517
2029	2,097
Thereafter	—
Total	$	14,611