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GOODWILL AND INTANGIBLES
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLES GOODWILL AND INTANGIBLES
As of March 31, 2025 and December 31, 2024, goodwill, net of the impact of foreign exchange rate fluctuations, was approximately $72.1 million and $71.6 million, respectively.
The carrying amount and accumulated amortization of definite-lived intangible assets, and the carrying amount of indefinite-lived intangible assets, net of the impact of foreign exchange rate fluctuations, as of March 31, 2025 and December 31, 2024, were as follows:
Estimated Useful
Life in Years		March 31,
2025		December 31,
2024
Definite-lived intangible assets
Customer relationships
6-25
$14,505 $13,970 
Trade name
3
500 500 
Less: accumulated amortization(3,014)(2,692)
Definite-lived intangible assets, net$11,991 $11,778 
Indefinite-lived intangible assets
Brands453 435 
Intangibles-net
$12,444 $12,213 
As of March 31, 2025 and December 31, 2024, there were no indicators of goodwill or intangible asset impairment. Amortization expense for the three months ended March 31, 2025 and 2024 was approximately $0.2 million and $0.1 million, respectively. Amortization expense is included in selling, general and administrative expenses.
The following table reflects the future estimated annualized amortization expense related to definite-lived intangible assets:
2025$642 
2026856 
2027829 
2028690 
2029690 
Thereafter8,284 
Total$11,991