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Goodwill and Intangible Assets (Q3) | 9 Months Ended
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Sep. 30, 2021
Intangible Assets [Abstract] |
Goodwill and Intangible Assets | 8. Goodwill and Intangible Assets A summary of changes in goodwill for the nine months ended September 30, 2021 is as follows (in thousands):
|  | Goodwill |
Balance at December 31, 2020 |  | $ | 3,961 |
Acquisition of Sprout |  |  | 27,049 |
Acquisition of TLH |  |  | 14,648 |
Balance at September 30, 2021 |  | $ | 45,658 |
Intangible assets consisted of the following as of September 30, 2021 and December 31, 2020 (in thousands):
|  | September 30, 2021 |
|  | Weighted Average Amortization Period (Years) |  |  | Gross Intangible Assets |  |  | Accumulated Amortization |  |  | Net Intangible Assets |
Trade and domain names |  |  | 14.3 |  |  | $ | 7,713 |  |  | $ | (3,917 | ) |  | $ | 3,796 |
Software technology |  |  | 7.7 |  |  |  | 5,694 |  |  |  | (2,976 | ) |  |  | 2,718 |
Customer relationships |  |  | 3.4 |  |  |  | 1,932 |  |  |  | — |  |  |  | 1,932 |
Total intangible assets |  |  | 10.5 |  |  | $ | 15,339 |  |  | $ | (6,893 | ) |  | $ | 8,446 |
| December 31, 2020 |
| Weighted Average Amortization Period (Years) |  | Gross Intangible Assets |  | Accumulated Amortization |  | Net Intangible Assets |
Trade and domain names |  |  | 15.0 |  |  | $ | 7,255 |  |  | $ | (3,556 | ) |  | $ | 3,699 |
Software technology |  |  | 9.4 |  |  |  | 3,469 |  |  |  | (2,663 | ) |  |  | 806 |
Total intangible assets |  |  | 13.2 |  |  | $ | 10,724 |  |  | $ | (6,219 | ) |  | $ | 4,505 |
Amortization expense for intangible assets was $0.2 million during each of the three months ended September 30, 2021 and 2020, and $0.7 millions during each of the nine months ended September 30, 2021 and 2020. The estimated future amortization expense of intangible assets as of September 30, 2021 is as follows (in thousands):
Remaining period in 2021 (three months) |  | $ | 611 |
Year ended December 31, 2022 |  |  | 2,057 |
Year ended December 31, 2023 |  |  | 1,659 |
Year ended December 31, 2024 |  |  | 1,442 |
Year ended December 31, 2025 |  |  | 1,017 |
Thereafter |  |  | 1,660 |
|  | $ | 8,446 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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