Mister Car Wash Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets, Net

Other Intangible Assets, Net

3 Months Ended

Mar. 31, 2022

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Other Intangible Assets, Net

4. Other Intangible Assets, Net

Other intangibles assets, net consisted of the following as of the periods presented:


	March 31, 2022				December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trade names and Trademarks	$	107,200	$	100	$	107,200	$	-
CPC Unity System		42,900		32,663		42,900		31,591
Customer relationships		11,800		7,726		11,800		7,584
Covenants not to compete		11,075		4,434		11,075		3,980
	$	172,975	$	44,923	$	172,975	$	43,155

For the three months ended March 31, 2022 and 2021, amortization expense associated with the Company’s finite-lived intangible assets was $1,769 and $1,437, respectively.

As of March 31, 2022, estimated future amortization expense was as follows:


Fiscal Year Ending:
2022 (remaining nine months)	$	5,728
2023		6,664
2024		4,793
2025		1,317
2026		1,250
Thereafter		1,200
Total estimated future amortization expense	$	20,952