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Goodwill and Intangible Assets (Q3)
 9 Months Ended
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