Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table summarizes the changes in the carrying amount of goodwill:

(in thousands)
Balance as of December 31, 2022	$	801
Additions from acquisitions	51,255
Balance as of December 31, 2023	$	52,056

Schedule of Finite-lived Intangible Assets

The following table summarizes intangible assets:

	December 31, 2023						December 31, 2022
(in thousands)	Gross carrying amount		Accumulated Amortization		Net carrying amount		Gross carrying amount		Accumulated Amortization		Net carrying amount
Definite-lived intangible assets	$	44,426	$	(8,969)	$	35,457	$	1,211	$	(809)	$	402
Indefinite-lived intangible assets	986		—		986		904		—		904
Intangible assets, net	$	45,412	$	(8,969)	$	36,443	$	2,115	$	(809)	$	1,306

The estimated annual amortization expense for the definite-lived intangible assets recorded as of December 31, 2023 is as follows:

(in thousands)	2024		2025		2026		2027		2028
Estimated annual amortization expense	$	13,379	$	13,116	$	7,672	$	1,283	$	7

Schedule of Indefinite-lived Intangible Assets

The following table summarizes intangible assets:

	December 31, 2023						December 31, 2022
(in thousands)	Gross carrying amount		Accumulated Amortization		Net carrying amount		Gross carrying amount		Accumulated Amortization		Net carrying amount
Definite-lived intangible assets	$	44,426	$	(8,969)	$	35,457	$	1,211	$	(809)	$	402
Indefinite-lived intangible assets	986		—		986		904		—		904
Intangible assets, net	$	45,412	$	(8,969)	$	36,443	$	2,115	$	(809)	$	1,306