v3.24.2.u1
Intangible Assets, Net
6 Months Ended
Jun. 30, 2024
Intangible Assets, Net  
Intangible Assets, Net

Note 6 – Intangible Assets, Net

Intangible assets, net, consisted of the following as of June 30, 2024:

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Remaining

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Weighted

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Gross

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Net

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Average

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Carrying

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Accumulated

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Carrying

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Amortization 

(in thousands)

    

Amount

    

Amortization

    

Value

    

Period

Site Host relationships

​

$

41,500

​

$

(15,423)

​

$

26,077

 

7.6 years

Customer relationships

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19,000

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(17,563)

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1,437

 

0.6 years

Developed technology

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14,000

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(4,163)

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9,837

 

10.0 years

User base

​

​

11,000

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(8,183)

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​

2,817

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1.1 years

Trade name

    

​

5,000

    

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(1,323)

    

​

3,677

    

12.0 years

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​

$

90,500

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$

(46,655)

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$

43,845

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​

​

​

Amortization of intangible assets was $2.5 million and $2.9 million for the three months ended June 30, 2024 and 2023, respectively. Amortization of intangible assets was $5.2 million and $5.8 million for the six months ended June 30, 2024 and 2023, respectively.