Intangible Assets

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

8. Intangible Assets

Identified intangible assets consist of the following:


	Gross Amount		Accumulated Amortization			Carrying Value		Weighted Average Remaining Life
March 31, 2025
Customer relationships	$	66,873	$	(32,739	)		34,134		5.8
Tradename		14,100		(8,136	)		5,964		3.0
Technology		89,547		(62,921	)		26,626		2.2
Internally developed software		40,314		(16,249	)		24,065		3.8
	$	210,834	$	(120,045	)	$	90,789

	Gross Amount		Accumulated Amortization			Carrying Value		Weighted Average Remaining Life
December 31, 2024
Customer relationships	$	80,437	$	(41,199	)		39,238		5.7
Contractor relationships		535		(370	)		165		4.0
Trade name		13,731		(7,404	)		6,327		3.2
Technology		88,350		(58,606	)		29,744		2.4
Internally developed software		40,314		(14,250	)		26,064		3.7
	$	223,367	$	(121,829	)	$	101,538

The Company capitalized nothing in the three months ended March 31, 2025 and $2,818 in the three months ended March 31, 2024, related to internally developed software to be sold as a service incurred during the application development stage. The Company is amortizing these costs over the expected lives of the related services. Amortization expense related to intangible assets for the three months ended March 31, 2025 and 2024 was $7,749 and $8,144, respectively.