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Goodwill and intangible assets | 9 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and intangible assets | Goodwill and intangible assets Goodwill and intangible assets consisted of:
|  | As of
|  |  |  | September 30, 2023 |  | December 31, 2022
(in thousands) |  | Useful life (months) |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
Customer relationships |  | 84 - 120 |  | $ | 43,500 |  |  | $ | (22,415) |  |  | $ | 21,085 |  |  | $ | 43,500 |  |  | $ | (17,820) |  |  | $ | 25,680 |
Non-compete agreements |  | 60 |  | 303 |  |  | (303) |  |  | — |  |  | 303 |  |  | (303) |  |  | — |
Trademarks, trade names, and domain names |  | 60 - 120 |  | 8,884 |  |  | (2,225) |  |  | 6,659 |  |  | 8,884 |  |  | (1,632) |  |  | 7,252 |
Intangible assets |  |  |  | $ | 52,687 |  |  | $ | (24,943) |  |  | $ | 27,744 |  |  | $ | 52,687 |  |  | $ | (19,755) |  |  | $ | 32,932 |
Goodwill |  | Indefinite |  | $ | 47,739 |  |  | $ | — |  |  | $ | 47,739 |  |  | $ | 47,739 |  |  | $ | — |  |  | $ | 47,739 |
Amortization expense related to intangible assets amounted to $1.7 million for the three months ended September 30, 2023 and 2022, respectively, and $5.2 million and $4.1 million for the nine months ended September 30, 2023 and 2022, respectively. The Company has no accumulated impairment of goodwill. The following table presents the changes in goodwill and intangible assets:
|  | As of
|  | September 30, 2023 |  | December 31, 2022
(in thousands) |  | Goodwill |  | Intangible assets |  | Goodwill |  | Intangible assets
Beginning balance at January 1, |  | $ | 47,739 |  |  | $ | 32,932 |  |  | $ | 18,402 |  |  | $ | 12,567 |
Additions to goodwill and intangible assets |  | — |  |  | — |  |  | 29,337 |  |  | 26,120 |
Amortization |  | — |  |  | (5,188) |  |  | — |  | (5,755) |
Ending balance |  | $ | 47,739 |  |  | $ | 27,744 |  |  | $ | 47,739 |  |  | $ | 32,932 |
As of September 30, 2023, future amortization expense relating to identifiable intangible assets with estimable useful lives over the next five years was as follows:
(in thousands) |  | Amortization expense
2023–Remaining Period |  | $ | 1,729 |
2024 |  | 6,428 |
2025 |  | 5,759 |
2026 |  | 5,143 |
2027 |  | 4,106 |
Thereafter |  | 4,579 |
|  | $ | 27,744 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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