Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, Net

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Intangible Assets, Net
6 Months Ended
Jun. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets, Net Intangible Assets, Net
Intangible assets, net consisted of the following (amounts in thousands):
June 30, 2024
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
Trade names $ 5,226  $ (1,580) $ 3,646 
Software development 15,352  (6,892) 8,460 
Customer relationships 2,020  (622) 1,398 
Agent relationships 6,004  (2,243) 3,761 
Know-how 430  (276) 154 
$ 29,032  $ (11,613) $ 17,419 
December 31, 2023
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
Trade names $ 7,956  $ (2,058) $ 5,898 
Software development 14,159  (5,517) 8,642 
Customer relationships 8,180  (3,199) 4,981 
Agent relationships 6,016  (1,825) 4,191 
Know-how 430  (233) 197 
$ 36,741  $ (12,832) $ 23,909 
Estimated future amortization of intangible assets as of June 30, 2024 was as follows (amounts in thousands):
Years Ending December 31,
2024 (remaining) $ 2,278 
2025 4,426 
2026 3,869 
2027 2,940 
2028 1,872 
Thereafter 2,034 
Total $ 17,419 
The aggregate amortization expense for intangible assets was $1.2 million and $1.4 million, of which $0.8 million and $0.7 million was included in technology and development expense, for the three months ended June 30, 2024 and 2023, respectively.
The aggregate amortization expense for intangible assets was $2.6 million for both the six months ended June 30, 2024 and 2023, of which $1.5 million and $1.4 million, respectively, was included in technology and development expense.