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Intangible Assets and Goodwill (Tables)
6 Months Ended
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 AssetsAccumulated Amortization Net Balance
Trade names
2 - 9
4.738,840 (18,680)20,160 
Capitalized internal use software32.032,600 (10,488)22,112 
Software and technology
3 - 9
4.6195,893 (91,112)104,781 
Total$267,333 $(120,280)$147,053 
Useful
Lives
(Years)
Weighted
Average
Remaining
Life
(Years)
December 31, 2023
Intangible AssetsAccumulated AmortizationNet Balance
Customer relationships
2
0.0$32,729 $(32,729)$— 
Trade names
2 - 9
5.238,859 (16,578)22,281 
Capitalized internal use software32.325,770 (5,893)19,877 
Software and technology
3 - 9
5.1196,136 (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 
202535,938 
202633,554 
202727,527 
202825,075 
Thereafter6,109 
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