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GOODWILL AND INTANGIBLE ASSETS, NET
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET
The goodwill balances as of December 31, 2023 and June 30, 2024, and the changes in the six months ended June 30, 2024 were as follows:

(in thousands)Travel MarketplaceSaaS PlatformTotal
Balance as of December 31, 2023$80,635 $7,421 $88,056 
Foreign Currency Translation Adjustments and Other(5,298)— (5,298)
Balance as of June 30, 2024$75,337 $7,421 $82,758 

Our indefinite-lived intangible assets relate to trade names acquired in various acquisitions in past periods. Intangible assets, net includes indefinite-life intangible assets of $10.7 million as of June 30, 2024 and $10.7 million as of December 31, 2023, respectively.
Definite-life intangible assets, net consisted of the following as of June 30, 2024:

(in thousands) Gross Carrying Amount  Accumulated Amortization  Net Carrying Amount
Customer relationships$89,341 $(39,832)$49,509 
Trade name19,847 (6,909)12,938 
Supplier relationships6,526 (1,739)4,787 
Developed technology18,402 (4,399)14,003 
Assembled workforce501 (103)398 
$134,617 $(52,982)$81,635 

Definite-life intangible assets, net consisted of the following as of December 31, 2023:

(in thousands)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships$93,139 $(36,454)$56,685 
Trade name21,265 (6,408)14,857 
Supplier relationships5,767 (1,538)4,229 
Developed technology18,402 (3,276)15,126 
Assembled workforce501 (22)479 
$139,074 $(47,698)$91,376 

Amortization expense for intangible assets was $2.7 million and $2.3 million for the three months ended June 30, 2024 and 2023, respectively and $5.9 million and $4.3 million for the six months ended June 30, 2024 and 2023, respectively.

The estimated future amortization expense related to intangible assets with definite lives is as follows:

(in thousands)
Fiscal years ending December 31,
2024 (remaining 6 months)$5,782 
202511,391 
202611,018 
202710,876 
202810,873 
Thereafter31,695 
$81,635