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GOODWILL AND LONG-LIVED ASSETS
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND LONG-LIVED ASSETS GOODWILL AND LONG-LIVED ASSETS
Goodwill
As of March 31, 2025 and December 31, 2024, the balance of our goodwill was $178.7 million. There was no goodwill activity during the three months ended March 31, 2025 and 2024. All goodwill is within our North America segment.

Long-Lived Assets
In March 2024, we entered into an agreement with a third party to sell the rights to certain intangible assets within our North America segment in exchange for cash consideration of $10.0 million, subject to license-back provisions that permit continued use of the assets in the ordinary course of our business. The sale was completed in April 2024.

The following table summarizes intangible assets as of March 31, 2025 and December 31, 2024 (in thousands):
March 31, 2025December 31, 2024
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
Merchant relationships$19,133 $19,133 $— $18,576 $18,576 $— 
Trade names9,496 9,164 332 9,425 9,027 398 
Patents
1,250 1,070 180 1,250 1,008 242 
Other intangible assets10,499 6,664 3,835 10,483 6,385 4,098 
Total$40,378 $36,031 $4,347 $39,734 $34,996 $4,738 
Amortization of intangible assets is computed using the straight-line method over the estimated useful life of the asset, which ranges from 1 to 10 years. Amortization expense related to intangible assets was $0.4 million and $1.6 million for the three months ended March 31, 2025 and 2024. As of March 31, 2025, estimated future amortization expense related to intangible assets is as follows (in thousands):

Remaining amounts in 2025$1,110 
20261,231 
20271,069 
2028853 
202984 
Thereafter— 
Total$4,347