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Intangible Assets and Goodwill (Tables) | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | The tables below summarize the Company’s intangible assets at June 30, 2024 and December 31, 2023 (in thousands):
| Useful Life (Years) |  | Weighted Average Remaining Life (Years) |  | June 30, 2024
|  | Intangible Assets |  | Accumulated Amortization |  | Net Balance
Trade names | 2 - 9 |  | 4.7 |  | 38,840 |  |  | (18,680) |  |  | 20,160 |
Capitalized internal use software | 3 |  | 2.0 |  | 32,600 |  |  | (10,488) |  |  | 22,112 |
Software and technology | 3 - 9 |  | 4.6 |  | 195,893 |  |  | (91,112) |  |  | 104,781 |
Total |  |  |  |  | $ | 267,333 |  |  | $ | (120,280) |  |  | $ | 147,053 |
| Useful Lives (Years) |  | Weighted Average Remaining Life (Years) |  | December 31, 2023
|  | Intangible Assets |  | Accumulated Amortization |  | Net Balance
Customer relationships | 2 |  | 0.0 |  | $ | 32,729 |  |  | $ | (32,729) |  |  | $ | — |
Trade names | 2 - 9 |  | 5.2 |  | 38,859 |  |  | (16,578) |  |  | 22,281 |
Capitalized internal use software | 3 |  | 2.3 |  | 25,770 |  |  | (5,893) |  |  | 19,877 |
Software and technology | 3 - 9 |  | 5.1 |  | 196,136 |  |  | (79,846) |  |  | 116,290 |
Total |  |  |  |  | $ | 293,494 |  |  | $ | (135,046) |  |  | $ | 158,448 |
Finite-lived Intangible Assets Amortization Expense | The estimated future amortization expense associated with intangible assets, net is as follows (in thousands):
Year ended December 31, | Future Amortization
2024 | $ | 18,850 |
2025 | 35,938 |
2026 | 33,554 |
2027 | 27,527 |
2028 | 25,075 |
Thereafter | 6,109 |
Total | $ | 147,053 |
Schedule of Goodwill | The following table is a summary of the changes to goodwill for the six months ended June 30, 2024 (in thousands):
Balance - December 31, 2023 | $ | 622,818 |  |
Foreign currency translation adjustment | (3,863) |  |
Balance - June 30, 2024 | $ | 618,955 |  |

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