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INTANGIBLE ASSETS, NET
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET INTANGIBLE ASSETS, NET
The following table presents the Company’s intangible assets, net balances:
(dollar amounts in thousands)December 31,
2023
December 25,
2022
Internal use software$38,336 $31,502 
Developed technology20,050 20,050 
Total intangible assets58,386 51,552 
Accumulated amortization(30,979)(20,990)
Total$27,407 $30,562 
Developed technology intangible assets were recognized in conjunction with the Company’s acquisition of Spyce on September 7, 2021. The estimated useful lives of developed technology is five years and the assets were placed into service during the second fiscal quarter of 2023. See Note 6.

Amortization expense for internal software was $10.0 million, $7.7 million, and $6.4 million for the fiscal years ended 2023, 2022 and 2021, respectively. Estimated amortization of internal software for each of the next five years is as follows:
(dollar amounts in thousands)
2024$9,741 
20257,188 
20265,131 
20274,010 
20281,337 
Total
$27,407