XML 30 R12.htm IDEA: XBRL DOCUMENT
v3.25.2

Capitalized Software and Other Intangibles | 6 Months Ended
--- | ---
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Capitalized Software and Other Intangibles | Capitalized Software and Other Intangibles Capitalized software, net consists of the following:
|  | June 30, |  | December 31,
(in thousands) |  | 2025 |  | 2024
Capitalized software, net: |  |  |  |
System development costs |  | $ | 185,844 |  |  | $ | 173,444 |
Acquired developed technology |  | 48,500 |  |  | 48,500 |
Less: Accumulated amortization |  | (173,551) |  |  | (155,286) |
Total capitalized software, net |  | $ | 60,793 |  |  | $ | 66,658 |
Capitalized software, net Amortization of system development costs and acquired developed technology for the three months ended June 30, 2025 and 2024 was $9.0 million and $10.1 million, respectively. System development costs capitalized in the three months ended June 30, 2025 and 2024 were $6.6 million and $5.4 million, respectively. Amortization of system development costs and acquired developed technology for the six months ended June 30, 2025 and 2024 was $18.3 million and $20.4 million, respectively. System development costs capitalized in the six months ended June 30, 2025 and 2024 were $12.4 million and $9.2 million, respectively. Acquired developed technology was $48.5 million and is related to the acquisition of Hello Digit, Inc. on December 22, 2021. Intangible Assets The gross carrying amount and accumulated amortization, in total and by major intangible asset class are as follows:
|  | June 30, |  | December 31,
(in thousands) |  | 2025 |  | 2024
Intangible assets: |  |  |  |
Member relationships |  | $ | 34,500 |  |  | $ | 34,500 |
Trademarks |  | 5,626 |  |  | 5,626 |
Other |  | 3,000 |  |  | 3,000 |
Less: Accumulated amortization |  | (25,640) |  |  | (23,196) |
Total intangible assets, net |  | $ | 17,486 |  |  | $ | 19,930 |
Amortization of intangible assets for the three months ended June 30, 2025 and 2024 was $1.2 million and $1.9 million, respectively. Amortization of intangible assets for the six months ended June 30, 2025 and 2024 was $2.4 million and $3.8 million, respectively. Expected future amortization expense for intangible assets as of June 30, 2025 is as follows:
(in thousands) |  | Fiscal Years
2025 (remaining six months) |  | $ | 2,485 |
2026 |  | 4,929 |
2027 |  | 4,929 |
2028 |  | 4,780 |
2029 |  | — |
2030 |  | — |
Thereafter |  | — |
Total (1) |  | $ | 17,123 |
(1) Total excludes indefinite lived intangible assets.

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 all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration