INTANGIBLE ASSETS AND INTERNAL-USE SOFTWARE, NET (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Finite-Lived Intangible Assets |
The estimated useful lives of the Company’s intangible assets are as follows:
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Estimated Useful Life |
| Licenses |
2 |
- |
6 years |
| Trade names |
5 |
- |
10 years |
| Acquired technology |
5 years |
| Customer relationships |
5 years |
| Patents and trademarks |
10 |
- |
20 years |
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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December 31, 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 |
|
Gross
Carrying
Amount |
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Accumulated
Amortization |
|
Net
Carrying
Amount |
| Amortizable intangible assets: |
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| Licenses |
$ |
83,820 |
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$ |
(45,670) |
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$ |
38,150 |
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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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(11,088) |
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5,565 |
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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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(7,800) |
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4,200 |
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12,000 |
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(5,400) |
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6,600 |
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| Trade names |
2,741 |
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(1,728) |
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1,013 |
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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 |
204,254 |
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(178,101) |
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26,153 |
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188,164 |
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(161,228) |
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26,936 |
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| Other |
379 |
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(30) |
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349 |
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220 |
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(14) |
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206 |
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319,847 |
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(244,417) |
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75,430 |
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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 |
$ |
320,847 |
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$ |
(244,417) |
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$ |
76,430 |
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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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December 31, 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 |
$ |
83,820 |
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|
$ |
(45,670) |
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$ |
38,150 |
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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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(11,088) |
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5,565 |
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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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(7,800) |
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4,200 |
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12,000 |
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(5,400) |
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6,600 |
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| Trade names |
2,741 |
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(1,728) |
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1,013 |
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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 |
204,254 |
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(178,101) |
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26,153 |
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188,164 |
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(161,228) |
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26,936 |
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| Other |
379 |
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(30) |
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349 |
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220 |
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(14) |
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206 |
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319,847 |
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(244,417) |
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75,430 |
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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 |
$ |
320,847 |
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$ |
(244,417) |
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$ |
76,430 |
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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 December 31, 2025, the estimated annual amortization expenses for the years ending December 31, 2026 through 2030 and thereafter is as follows:
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| Year Ending December 31, |
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Projected Amortization
Expense |
| 2026 |
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$ |
33,160 |
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| 2027 |
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21,892 |
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| 2028 |
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13,232 |
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| 2029 |
|
6,471 |
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| 2030 |
|
172 |
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| Thereafter |
|
503 |
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| Total |
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$ |
75,430 |
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