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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Intangible assets with finite lives acquired through a business combination are recorded at fair value, less accumulated amortization. Customer relationships and trade-names are amortized on a straight-line basis over their expected useful lives of 15 to 20 years and 5 years, respectively.

Goodwill

There was no change in the carrying amount of goodwill for the six months ended June 30, 2025.

Finite-Lived Intangible Assets

Intangible assets subject to amortization were as follows:
June 30, 2025December 31, 2024
Gross Carrying AmountAccumulated AmortizationNet Book ValueGross Carrying AmountAccumulated AmortizationNet Book Value
Customer relationships$36,820 $(6,619)$30,201 $36,820 $(5,666)$31,154 
Licenses18,451 (7,381)11,070 18,451 (6,919)11,532 
Trade names1,100 (752)348 1,100 (642)458 
Total$56,371 $(14,752)$41,619 $56,371 $(13,227)$43,144 

For each of the three months ended June 30, 2025 and June 30, 2024, the Company recorded amortization expense on intangible assets of $0.8 million. For each of the six months ended June 30, 2025 and June 30, 2024, the Company recorded amortization expense on intangible assets of $1.5 million.