INTANGIBLE ASSETS AND INTERNAL-USE SOFTWARE, NET (Tables)
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9 Months Ended |
Sep. 30, 2025 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Finite-Lived Intangible Assets |
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset other than goodwill:
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September 30, 2025 |
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December 31, 2024 |
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Gross
Carrying
Amount |
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Accumulated
Amortization |
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Net
Carrying
Amount |
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Gross
Carrying
Amount |
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Accumulated
Amortization |
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Net
Carrying
Amount |
| Amortizable intangible assets: |
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| Licenses |
$ |
82,961 |
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$ |
(42,373) |
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$ |
40,588 |
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$ |
80,101 |
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$ |
(33,424) |
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$ |
46,677 |
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| Acquired technology |
16,653 |
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(10,376) |
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6,277 |
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16,653 |
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(8,238) |
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8,415 |
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| Customer relationships |
12,000 |
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(7,200) |
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4,800 |
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12,000 |
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(5,400) |
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6,600 |
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| Trade names |
2,740 |
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(1,690) |
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1,050 |
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2,740 |
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(1,578) |
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1,162 |
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| Internal-use software |
200,137 |
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(174,005) |
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26,132 |
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188,164 |
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(161,228) |
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26,936 |
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Other |
283 |
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(25) |
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258 |
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220 |
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(14) |
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206 |
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314,774 |
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(235,669) |
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79,105 |
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299,878 |
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(209,882) |
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89,996 |
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| Nonamortizable intangible assets: |
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| Marketing Agreement with a related party |
1,000 |
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— |
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1,000 |
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1,000 |
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— |
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1,000 |
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| Total intangible assets |
$ |
315,774 |
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$ |
(235,669) |
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$ |
80,105 |
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$ |
300,878 |
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$ |
(209,882) |
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$ |
90,996 |
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| Schedule of Indefinite-Lived Intangible Assets |
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset other than goodwill:
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September 30, 2025 |
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December 31, 2024 |
|
Gross
Carrying
Amount |
|
Accumulated
Amortization |
|
Net
Carrying
Amount |
|
Gross
Carrying
Amount |
|
Accumulated
Amortization |
|
Net
Carrying
Amount |
| Amortizable intangible assets: |
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| Licenses |
$ |
82,961 |
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$ |
(42,373) |
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$ |
40,588 |
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$ |
80,101 |
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$ |
(33,424) |
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$ |
46,677 |
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| Acquired technology |
16,653 |
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(10,376) |
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6,277 |
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16,653 |
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(8,238) |
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8,415 |
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| Customer relationships |
12,000 |
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(7,200) |
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4,800 |
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12,000 |
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(5,400) |
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6,600 |
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| Trade names |
2,740 |
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(1,690) |
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1,050 |
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2,740 |
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(1,578) |
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1,162 |
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| Internal-use software |
200,137 |
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(174,005) |
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26,132 |
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188,164 |
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(161,228) |
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26,936 |
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Other |
283 |
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(25) |
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258 |
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220 |
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(14) |
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206 |
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314,774 |
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(235,669) |
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79,105 |
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299,878 |
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(209,882) |
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89,996 |
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| Nonamortizable intangible assets: |
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| Marketing Agreement with a related party |
1,000 |
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— |
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1,000 |
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1,000 |
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— |
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1,000 |
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| Total intangible assets |
$ |
315,774 |
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$ |
(235,669) |
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$ |
80,105 |
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$ |
300,878 |
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$ |
(209,882) |
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$ |
90,996 |
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| Schedule of Estimated Annual Amortization Expense |
As of September 30, 2025, the estimated annual amortization expense is as follows:
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Projected Amortization
Expense |
Remaining 2025 |
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$ |
8,734 |
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| 2026 |
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30,985 |
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| 2027 |
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20,515 |
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| 2028 |
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11,806 |
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| 2029 |
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6,466 |
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| Thereafter |
|
599 |
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| Total |
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$ |
79,105 |
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