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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 14 — Goodwill and Intangible Assets Goodwill As of December 31, 2025 and 2024 goodwill was $114.2 million and $114.1 million, respectively, with the year-over-year change the result of changes in foreign currency exchange rates. Intangible Assets The cost and accumulated amortization of intangible assets as of December 31, 2025 and 2024 are as follows:
|  | December 31, 2025
|  | Weighted average useful life |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
|  |  |  | in thousands |  |
Internally developed software |  | 3.4 |  | $ | 155,933 |  |  | $ | (102,326) |  |  | $ | 53,607 |
Renewal rights |  | 10.0 |  | 21,740 |  |  | (10,693) |  |  | 11,047 |
Trade names and trademarks |  | 14.2 |  | 11,867 |  |  | (4,402) |  |  | 7,465 |
State licenses (1) |  | Indefinite |  | 11,263 |  |  | — |  |  | 11,263 |
Relationships and customer lists |  | 15.5 |  | 7,913 |  |  | (2,380) |  |  | 5,533 |
Other |  | 3.5 |  | 580 |  |  | (580) |  |  | — |
Total intangible assets |  |  |  | $ | 209,296 |  |  | $ | (120,381) |  |  | $ | 88,915 |
(1) Represents certain state licenses related to the acquisition of Drivers Edge. Refer to Note 11 — Acquisition for additional details.
|  | December 31, 2024
|  | Weighted average useful life |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
|  |  |  | in thousands |  |
Internally developed software |  | 3.3 |  | $ | 136,235 |  |  | $ | (82,903) |  |  | $ | 53,332 |
Renewal rights |  | 9.9 |  | 19,187 |  |  | (8,458) |  |  | 10,729 |
Trade names and trademarks |  | 14.1 |  | 12,061 |  |  | (3,393) |  |  | 8,668 |
State licenses (1) |  | Indefinite |  | 11,263 |  |  | — |  |  | 11,263 |
Relationships and customer lists |  | 15.4 |  | 7,975 |  |  | (1,896) |  |  | 6,079 |
Other |  | 4.2 |  | 1,065 |  |  | (1,029) |  |  | 36 |
Total intangible assets |  |  |  | $ | 187,786 |  |  | $ | (97,679) |  |  | $ | 90,107 |
(1) Represents certain state licenses related to the acquisition of Drivers Edge. Refer to Note 11 — Acquisition for additional details. Intangible asset amortization expense was $23.5 million, $26.7 million, and $28.6 million for the years ended December 31, 2025, 2024, and 2023, respectively. Estimated future aggregate amortization expense related to intangible assets as of December 31, 2025 is as follows:
| in thousands
2026 | $ | 23,559 |
2027 | 21,093 |
2028 | 15,450 |
2029 | 6,292 |
2030 | 2,615 |
Thereafter | 8,643 |
Total | $ | 77,652 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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