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

9 Months Ended

Sep. 30, 2023

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:


	September 30, 2023				December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trade names and Trademarks	$	107,000	$	-	$	107,200	$	200
CPC Unity System		42,900		38,968		42,900		35,750
Customer relationships		9,700		6,308		11,800		8,240
Covenants not to compete		13,230		8,213		12,590		6,685
Other intangible assets, net	$	172,830	$	53,489	$	174,490	$	50,875

For the three months ended September 30, 2023 and 2022, amortization expense associated with our finite-lived intangible assets was $1,715 and $1,629, respectively. For the nine months ended September 30, 2023 and 2022, amortization expense associated with our finite-lived intangible assets was $5,098 and $5,089, respectively.

As of September 30, 2023, estimated future amortization expense was as follows:


Fiscal Year Ending:
2023 (remaining three months)	$	1,686
2024		5,038
2025		1,827
2026		1,585
2027		757
Thereafter		1,448
Total estimated future amortization expense	$	12,341