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

6 Months Ended

Jun. 30, 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:


	June 30, 2022				December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trade names and trademarks	$	107,200	$	175	$	107,200	$	-
CPC Unity System		42,900		33,736		42,900		31,591
Customer relationships		11,800		7,842		11,800		7,584
Covenants not to compete		11,825		4,862		11,075		3,980
	$	173,725	$	46,615	$	172,975	$	43,155

For the three months ended June 30, 2022 and 2021, amortization expense associated with the Company’s finite-lived intangible assets was $1,692 and $1,420, respectively.

For the six months ended June 30, 2022 and 2021, amortization expense associated with the Company’s finite-lived intangible assets was $3,460 and $2,857, respectively.

As of June 30, 2022, estimated future amortization expense was as follows:


Fiscal Year Ending:
2022 (remaining six months)	$	3,932
2023		6,868
2024		4,926
2025		1,467
2026		1,400
Thereafter		1,317
Total estimated future amortization expense	$	19,910