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GOODWILL AND INTANGIBLES
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLES GOODWILL AND INTANGIBLES
The changes in the carrying amount of goodwill as of September 30, 2025, and since December 31, 2023, were as follows:
(In thousands)
Total(1)
Balance as of December 31, 2023$416,098 
Foreign currency translation(2)
(3,925)
Balance as of December 31, 2024412,173 
Foreign currency translation(2)
(2,981)
Balance as of September 30, 2025$409,192 
(1)Prior periods presented have been recast to conform to the current presentation. See Note 1 for additional information.
(2)The foreign currency translation line item reflects changes in goodwill resulting from fluctuating exchange rates related to the consolidation of certain international subsidiaries.
The aggregate carrying amount of intangible assets of $236.4 million is included in Intangible assets, net, in our Condensed Consolidated Balance Sheets as of September 30, 2025. As of September 30, 2025, and December 31, 2024, the gross book value and accumulated amortization of the intangible assets with definite lives were as follows:
September 30, 2025
(In thousands)Gross Book ValueAccumulated AmortizationNet Book ValueRemaining Weighted-Average Useful Life (Years)
Trademark(1)
$164,034 $(32,128)$131,906 16.4
Existing subscriber base136,500 (42,750)93,750 8.5
Developed technology38,401 (28,223)10,178 1.4
Content archive5,751 (5,228)523 0.8
Total finite-lived intangibles$344,686 $(108,329)$236,357 12.6
(1)As of September 30, 2025, includes $1.2 million previously classified as an indefinite-lived intangible asset.
The Company did not identify any impairments related to intangible assets with definite lives as a result of its determination that it has one reportable segment and one reporting unit.
December 31, 2024
(In thousands)Gross Book ValueAccumulated AmortizationNet Book ValueRemaining Weighted-Average Useful Life (Years)
Trademark$162,618 $(25,951)$136,667 17.3
Existing subscriber base136,500 (34,313)102,187 9.2
Developed technology38,401 (22,719)15,682 2.2
Content archive5,751 (4,758)993 1.6
Total finite-lived intangibles$343,270 $(87,741)$255,529 13.1
Amortization expense for intangible assets included in Depreciation and amortization in our Condensed Consolidated Statements of Operations was $7.0 million and $6.8 million for the third quarters of 2025 and 2024, respectively, and $20.6 million and $20.7 million for the first nine months of 2025 and 2024, respectively. The estimated aggregate amortization expense for the remainder of 2025 and each of the following fiscal years ending December 31 is presented below:
(In thousands)
Remainder of 2025$6,980 
202627,668 
202720,525 
202819,335 
202919,250 
Thereafter142,599 
Total amortization expense$236,357