XML 23 R15.htm IDEA: XBRL DOCUMENT
v3.26.1

Intangible Assets, Net | 3 Months Ended
--- | ---
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets, Net | 7. Intangible Assets, Net The intangible assets gross carrying amount and accumulated amortization as of March 31, 2026 and December 31, 2025 are detailed below.
|  |  | March 31, 2026 |
| Useful Life |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Internal-use software licenses | 1-3 years |  | $ | 19,953 |  |  | $ | (4,660 | ) |  | $ | 15,293 |
Internally-developed software | 3-5 years |  |  | 247 |  |  |  | — |  |  |  | 247 |
Trade name and trademarks | 5 years |  |  | 18,000 |  |  |  | (1,500 | ) |  |  | 16,500 |
Developed technology | 10 years |  |  | 74,000 |  |  |  | (3,083 | ) |  |  | 70,917 |
Customer relationships | 3-9 years |  |  | 61,000 |  |  |  | (3,750 | ) |  |  | 57,250 |
Total |  |  | $ | 173,200 |  |  | $ | (12,993 | ) |  | $ | 160,207 |
|  |  | December 31, 2025 |
| Useful Life |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Internal-use software | 1-3 years |  | $ | 18,484 |  |  | $ | (2,442 | ) |  | $ | 16,042 |
Trade name and trademarks | 5 years |  |  | 18,000 |  |  |  | (600 | ) |  |  | 17,400 |
Developed technology | 10 years |  |  | 74,000 |  |  |  | (1,233 | ) |  |  | 72,767 |
Customer relationships | 3-9 years |  |  | 61,000 |  |  |  | (1,500 | ) |  |  | 59,500 |
Total |  |  | $ | 171,484 |  |  | $ | (5,775 | ) |  | $ | 165,709 |
The Company capitalizes certain development costs incurred in connection with its internal-use software products including specific software upgrades and enhancements when it is probable the expenditures will result in additional features and functionality. Costs incurred prior to meeting the probable-to-complete threshold are expensed as incurred. Once the probable-to-complete threshold is satisfied, internal and external costs, if direct and incremental, are capitalized until the application is substantially complete and ready for its intended use. Capitalization ceases upon completion of all substantial testing, at which time amortization of the capitalized software begins. Internally-developed software is amortized on a straight-line basis over its estimated useful life, generally three to five years. The Company capitalized $2.0 million of both internal-use software licenses and software-in-development during the three months ended March 31, 2026. Capitalized costs associated with internally-developed software are not amortized until the related assets are substantially complete and ready for their intended use. Amortization expense related to the Company's finite-lived intangible assets was $7.2 million for the three months ended March 31, 2026. The Company did no t recognize any amortization expense related to its finite-lived assets for the three months ended March 31, 2025. The table below presents expected amortization expense related to the Company's intangible assets as of March 31, 2026:
2026 (for the remaining period) | $ | 21,184 |
2027 |  | 25,849 |
2028 |  | 22,703 |
2029 |  | 16,667 |
2030 |  | 16,067 |
Thereafter |  | 57,490 |
Internally-developed software not yet subject to amortization |  | 247 |
Total future amortization | $ | 160,207 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration