Capitalized Software, Other Intangibles, and Goodwill (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Capitalization

Capitalized software, net consists of the following:

	September 30,		December 31,
(in thousands)	2022		2021
Capitalized software, net:
System development costs	$	122,998	$	84,550
Acquired developed technology	48,500		48,500
Less: Accumulated amortization	(70,104)		(45,433)
Total capitalized software, net	$	101,394	$	87,617

Schedule of Acquired Intangible Assets

The gross carrying amount and accumulated amortization, in total and by major intangible asset class are as follows:

	September 30,		December 31,
(in thousands)	2022		2021
Intangible assets:
Member relationships	$	34,500	$	34,500
Trademarks	6,426		6,364
Other	3,000		3,000
Less: Accumulated amortization	(6,251)		(300)
Total intangible assets, net	$	37,675	$	43,564

Schedule of Future Amortization Expense

Expected future amortization expense for intangible assets as of September 30, 2022 is as follows:

(in thousands)	Fiscal Years
2022 (remaining three months)	$	(1,998)
2023	(7,950)
2024	(7,798)
2025	(4,929)
2026	(4,929)
2027	(4,929)
Thereafter	(4,780)
Total	$	(37,313)

Schedule of Goodwill

The following table represents the changes in goodwill since December 31, 2021:

(in thousands)	Goodwill
Balance as of December 31, 2021	$	104,014
Measurement adjustments during period	4,458
Impairment	(108,472)
Balance as of September 30, 2022	$	—