| Summary of Gross Carrying Amounts and Accumulated Amortization of Intangible Assets by Major Class |
The following table summarizes the gross carrying amounts and accumulated amortization of the Company’s intangible assets by major class:
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September 30, 2025 |
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December 31, 2024 |
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Weighted Average |
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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 |
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Remaining Useful Life (Years) September 30, 2025 |
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Customer relationships |
|
$ |
66,570 |
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$ |
(34,690 |
) |
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$ |
31,880 |
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$ |
76,584 |
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$ |
(34,867 |
) |
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$ |
41,717 |
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|
7.2 |
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Developed technology |
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21,738 |
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(18,586 |
) |
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|
3,152 |
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29,015 |
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(23,662 |
) |
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5,353 |
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|
|
5.3 |
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Databases |
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29,145 |
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(14,551 |
) |
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14,594 |
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29,135 |
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(12,988 |
) |
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16,147 |
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7.1 |
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Tradenames |
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9,325 |
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(4,931 |
) |
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4,394 |
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10,808 |
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(5,100 |
) |
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5,708 |
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6.9 |
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Expert network |
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- |
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- |
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- |
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2,654 |
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(1,715 |
) |
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|
939 |
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- |
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Patents |
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|
871 |
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(245 |
) |
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|
626 |
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|
841 |
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(232 |
) |
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|
609 |
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17.1 |
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Content library |
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|
592 |
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(226 |
) |
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|
366 |
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|
592 |
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(183 |
) |
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|
409 |
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6.2 |
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Total |
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$ |
128,241 |
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$ |
(73,229 |
) |
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$ |
55,012 |
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|
$ |
149,629 |
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|
$ |
(78,747 |
) |
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$ |
70,882 |
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| Schedule of Expected Future Amortization Expense for Intangible Assets |
The expected future amortization expense for intangible assets as of September 30, 2025 is as follows:
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2025 (remainder) |
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$ |
2,061 |
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2026 |
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|
8,183 |
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2027 |
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|
8,178 |
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2028 |
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|
7,958 |
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2029 |
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|
7,688 |
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Thereafter |
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|
20,944 |
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Total |
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$ |
55,012 |
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| Schedule of Capitalized Software Development Costs |
Capitalized software development costs are as follows:
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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 |
|
Capitalized software development costs |
|
$ |
36,675 |
|
|
$ |
(24,071 |
) |
|
$ |
12,604 |
|
|
$ |
34,946 |
|
|
$ |
(19,847 |
) |
|
$ |
15,099 |
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