INTANGIBLE ASSETS AND INTERNAL-USE SOFTWARE, NET (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Intangible Asset, Goodwill and Other [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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June 30, 2026 |
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December 31, 2025 |
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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 |
|
Net
Carrying
Amount |
| Amortizable intangible assets: |
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| Licenses |
$ |
83,820 |
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$ |
(52,538) |
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$ |
31,282 |
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$ |
83,820 |
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$ |
(45,670) |
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$ |
38,150 |
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| Acquired technology |
16,653 |
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(12,513) |
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4,140 |
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16,653 |
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(11,088) |
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5,565 |
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| Customer relationships |
12,000 |
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(9,000) |
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3,000 |
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12,000 |
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(7,800) |
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4,200 |
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| Trade names |
2,740 |
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(1,803) |
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937 |
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2,741 |
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(1,728) |
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1,013 |
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| Internal-use software |
212,119 |
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(186,436) |
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25,683 |
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204,254 |
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(178,101) |
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26,153 |
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Other |
392 |
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(41) |
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351 |
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379 |
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(30) |
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349 |
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327,724 |
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(262,331) |
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65,393 |
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319,847 |
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(244,417) |
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75,430 |
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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 |
$ |
328,724 |
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$ |
(262,331) |
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$ |
66,393 |
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$ |
320,847 |
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$ |
(244,417) |
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$ |
76,430 |
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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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June 30, 2026 |
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December 31, 2025 |
|
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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$ |
(52,538) |
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$ |
31,282 |
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$ |
83,820 |
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$ |
(45,670) |
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$ |
38,150 |
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| Acquired technology |
16,653 |
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(12,513) |
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4,140 |
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16,653 |
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(11,088) |
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5,565 |
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| Customer relationships |
12,000 |
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(9,000) |
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3,000 |
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12,000 |
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(7,800) |
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4,200 |
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| Trade names |
2,740 |
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(1,803) |
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937 |
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2,741 |
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(1,728) |
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1,013 |
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| Internal-use software |
212,119 |
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(186,436) |
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25,683 |
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204,254 |
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(178,101) |
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26,153 |
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Other |
392 |
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(41) |
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351 |
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379 |
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(30) |
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349 |
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327,724 |
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(262,331) |
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65,393 |
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319,847 |
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(244,417) |
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75,430 |
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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 |
$ |
328,724 |
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$ |
(262,331) |
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$ |
66,393 |
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$ |
320,847 |
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$ |
(244,417) |
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$ |
76,430 |
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| Schedule of Estimated Annual Amortization Expense |
As of June 30, 2026, the estimated annual amortization expense is as follows:
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Projected Amortization
Expense |
Remaining 2026 |
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$ |
17,127 |
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| 2027 |
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24,515 |
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| 2028 |
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15,854 |
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| 2029 |
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7,213 |
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| 2030 |
|
172 |
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| Thereafter |
|
512 |
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| Total |
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$ |
65,393 |
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