XML 21 R14.htm IDEA: XBRL DOCUMENT v3.26.1

Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Note 5. Goodwill and Other Intangible Assets

Goodwill

The Company conducts its goodwill impairment analysis annually or more frequently if changes in facts and circumstances indicate that it is more likely than not that the fair value of a reporting unit may be less than its carrying value. There were no impairment indicators and the Company's market capitalization continues to exceed the net carrying value of the business. As such, the Company did not perform any further quantitative testing.

There was no change in the carrying amount of goodwill (in thousands):

		June 30, 2026				December 31, 2025
Goodwill		$	50,428			$	50,428

Intangible Assets, net

Acquired identifiable intangible assets, and related accumulated amortization, as of June 30, 2026 and December 31, 2025 consist of (in thousands):

		June 30, 2026
		Gross Carrying Value				Accumulated Amortization				Net Book Value
Customer relationships		$	10,285			$	7,531			$	2,754
Tradenames			18,293				7,795				10,498
Developed technology			27,706				10,582				17,124
Patent and trademarks			784				784				-
Total Intangible Assets		$	57,068			$	26,692			$	30,376

		December 31, 2025
		Gross Carrying Value				Accumulated Amortization				Net Book Value
Customer relationships		$	10,285			$	7,034			$	3,251
Tradenames			18,293				6,681				11,612
Developed technology			27,706				8,273				19,433
Patent and trademarks			784				736				48
Total Intangible Assets		$	57,068			$	22,724			$	34,344

Amortization expense related to definite lived intangible assets of $2.0 million was recognized for both the three months ended June 30, 2026 and 2025. Amortization expense related to definite lived intangible assets of $4.0 million was recognized for both the six months ended June 30, 2026 and 2025.

As of June 30, 2026, estimated annual amortization expense related to definite lived intangible assets in future periods was as follows (in thousands):

2026 (remaining six months)		$	3,795
2027			7,590
2028			7,590
2029			7,590
2030			3,346
Thereafter			465
Total		$	30,376

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for intangible asset and goodwill. Includes, but is not limited to, finite- and indefinite-lived intangible assets, capitalized cost for internal-use software and software to be sold, leased, or marketed.

+ 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

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration