|
The
following table details intangible assets (in thousands):
| | | | | | June 30, 2026 | | | | | Weighted
Average
Remaining
Useful Life | | | Cost | | | Accumulated
Amortization | | | Net | | | Customer relationships | | | 9.83 years | | | $ | 9,300 | | | $ | (127 | ) | | $ | 9,173 | | | BIN sponsorship arrangement | | | 0.83 years | | | | 300 | | | | (41 | ) | | | 259 | | | Platforms | | | 2.30 years | | | | 1,817 | | | | (663 | ) | | | 1,154 | | | Web domains | | | 11.82 years | | | | 32 | | | | (7 | ) | | | 25 | | | RTB homepage redesign | | | 2.97 years | | | | 72 | | | | (1 | ) | | | 71 | | | Acquired internal-use software | | | 2.50 years | | | | 215 | | | | (15 | ) | | | 200 | | | Total intangible assets | | | | | | $ | 11,736 | | | $ | (854 | ) | | $ | 10,882 | |
| | | | | | December 31, 2025 | | | | | Weighted
Average
Estimated
Useful Life | | | Cost | | | Accumulated
Amortization | | | Net | | | Platforms | | | 1.49 years | | | $ | 1,218 | | | $ | (419 | ) | | $ | 799 | | | Web domains | | | 11.35 years | | | | 32 | | | | (6 | ) | | | 26 | | | Total intangible assets | | | | | | $ | 1,250 | | | $ | (425 | ) | | $ | 825 | |
Amortization
expense was $0.43 million and $0.12 million for the six months ended June 30, 2026, and 2025, respectively.
The
estimated future amortization expense related to intangible assets as of June 30, 2026, is as follows:
| For the years ended December 31, | |
Amount | |
| 2026 (remainder) | |
$ | 986 | |
| 2027 | |
| 1,829 | |
| 2028 | |
| 1,620 | |
| 2029 | |
| 1,302 | |
| 2030 | |
| 1,232 | |
| Thereafter | |
| 3,913 | |
| Total expected future amortization expense | |
$ | 10,882 | |
|