Annual report [Section 13 and 15(d), not S-K Item 405]

Intangible Assets, net (Tables)

v3.25.4
Intangible Assets, net (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The intangible assets gross carrying amount and accumulated amortization were as follows:
December 31, 2025
Gross
carrying
amount		 Accumulated
amortization		 Net
carrying
amount		 Weighted average
useful life
in years
Finite-lived intangible assets:
Customer relationships
 $ 47,380  $ (15,890) $ 31,490  16
Technology
 293,695  (22,319) 271,376  13
Trademarks
 21,072  (3,005) 18,067  8
Internal-use software licenses 17,054  (4,978) 12,076  6
In-process internal-use software
 2,844  —  2,844 
Indefinite-lived intangible assets:
Cosmos Tradename
 300  —  300 
Total intangible assets
 $ 382,345  $ (46,192) $ 336,153 

  December 31, 2024
  Gross
carrying
amount		 Accumulated
amortization		 Net
carrying
amount		 Weighted average
useful life
in years
Finite-lived intangible assets:
Customer relationships
 $ 39,606  $ (8,403) $ 31,203  21
Technology
 33,379  (12,351) 21,028  15
Trademarks
 3,172  (2,050) 1,122  9
Internal-use software licenses 8,760  (3,116) 5,644  6
In-process internal-use software
 2,491  —  2,491 
Indefinite-lived intangible assets:
Cosmos Tradename
 300  —  300 
Total intangible assets
 $ 87,708  $ (25,920) $ 61,788 
Schedule of Indefinite-Lived Intangible Assets
The intangible assets gross carrying amount and accumulated amortization were as follows:
December 31, 2025
Gross
carrying
amount		 Accumulated
amortization		 Net
carrying
amount		 Weighted average
useful life
in years
Finite-lived intangible assets:
Customer relationships
 $ 47,380  $ (15,890) $ 31,490  16
Technology
 293,695  (22,319) 271,376  13
Trademarks
 21,072  (3,005) 18,067  8
Internal-use software licenses 17,054  (4,978) 12,076  6
In-process internal-use software
 2,844  —  2,844 
Indefinite-lived intangible assets:
Cosmos Tradename
 300  —  300 
Total intangible assets
 $ 382,345  $ (46,192) $ 336,153 

  December 31, 2024
  Gross
carrying
amount		 Accumulated
amortization		 Net
carrying
amount		 Weighted average
useful life
in years
Finite-lived intangible assets:
Customer relationships
 $ 39,606  $ (8,403) $ 31,203  21
Technology
 33,379  (12,351) 21,028  15
Trademarks
 3,172  (2,050) 1,122  9
Internal-use software licenses 8,760  (3,116) 5,644  6
In-process internal-use software
 2,491  —  2,491 
Indefinite-lived intangible assets:
Cosmos Tradename
 300  —  300 
Total intangible assets
 $ 87,708  $ (25,920) $ 61,788 
Schedule of Amortization Expense
The table below presents the amortization expense related to intangible assets for the following periods:
Year Ended
  December 31, 2025 December 31, 2024 December 31, 2023
Amortization expense
 $ 24,790  $ 7,625  $ 7,212 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The table below presents the future amortization expense on intangible assets as of December 31, 2025:
Year Total
2026 $ 49,850 
2027 53,524 
2028 43,528 
2029 37,701 
2030 34,668 
Thereafter 113,738 
Total future amortization expense on intangible assets $ 333,009