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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following table sets forth the changes in the carrying amount of the Company's goodwill for the six months ended June 30, 2025.
(in thousands) | SaaS |  | Marketing Services |  | Total
Balance as of December 31, 2024 | $ | 253,318 |  |  | $ | — |  |  | $ | 253,318 |
Measurement period adjustments to Keap Acquisition (1) | 491 |  |  | — |  |  | 491 |
Balance as of June 30, 2025 | $ | 253,809 |  |  | $ | — |  |  | $ | 253,809 |
(1) Goodwill increased during the six months ended June 30, 2025 in connection with a measurement period adjustment for the Keap Acquisition. See Note 2, Acquisitions. Intangible Assets The following tables set forth the details of the Company's intangible assets as of June 30, 2025 and December 31, 2024:
| As of June 30, 2025
(in thousands) | Gross |  | Accumulated Amortization |  | Net |  | Weighted Average Remaining Amortization Period in Years
Client relationships | $ | 823,589 |  |  | $ | (799,259) |  |  | $ | 24,330 |  |  | 7.2
Trademarks and domain names | 229,219 |  |  | (223,778) |  |  | 5,441 |  |  | 7.0
Covenants not to compete | 5,222 |  |  | (5,189) |  |  | 33 |  |  | 0.5
Total intangible assets | $ | 1,058,030 |  |  | $ | (1,028,226) |  |  | $ | 29,804 |  |  | 7.1
| As of December 31, 2024
(in thousands) | Gross |  | Accumulated Amortization |  | Net |  | Weighted Average Remaining Amortization Period in Years
Client relationships | $ | 818,781 |  |  | $ | (790,891) |  |  | $ | 27,890 |  |  | 7.4
Trademarks and domain names | 228,021 |  |  | (221,936) |  |  | 6,085 |  |  | 7.4
Covenants not to compete | 5,221 |  |  | (4,937) |  |  | 284 |  |  | 0.5
Total intangible assets | $ | 1,052,023 |  |  | $ | (1,017,764) |  |  | $ | 34,259 |  |  | 7.4
Amortization expense for intangible assets for the three and six months ended June 30, 2025 was $2.2 million and $4.6 million, respectively. Amortization expense for intangible assets for the three and six months ended June 30, 2024 was $5.1 million and $10.5 million, respectively. Estimated aggregate future amortization expense for the Company's intangible assets is as follows:
(in thousands) |  | Estimated Future Amortization Expense
2025 (remaining) |  | $ | 3,801 |
2026 |  | 5,961 |
2027 |  | 4,593 |
2028 |  | 4,226 |
2029 |  | 3,762 |
Thereafter |  | 7,461 |
Total |  | $ | 29,804 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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