Intangible Assets

9 Months Ended

Sep. 30, 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
September 30, 2025
Customer relationships	$	67,209	$	(35,973	)		31,236		5.3
Trade name		10,753		(6,285	)		4,468		2.9
Technology		92,310		(72,300	)		20,010		1.8
Internally developed software		40,314		(21,472	)		18,842		3.8
	$	210,586	$	(136,030	)	$	74,556

	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 and nine months ended September 30, 2025 and $4,718 and $12,690 in the three and nine months ended September 30, 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 September 30, 2025 and 2024 was $9,394 and $8,228, respectively. Amortization expense related to intangible assets for nine months ended September 30, 2025 and 2024 was $25,320 and $24,505, respectively. In the three and nine months ended September 30, 2025 the Company accelerated amortization of $720 related to a tradename intangible and wrote-off the asset. The life of the tradename was adjusted as it is no longer being used by the Company.