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, 2024

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, 2024				December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trade names and trademarks	$	107,000	$	-	$	107,000	$	-
CPC unity system		42,900		42,900		42,900		40,040
Customer relationships		9,700		6,745		9,700		6,430
Covenants not to compete		13,230		10,046		13,230		8,693
Other intangible assets, net	$	172,830	$	59,691	$	172,830	$	55,163

For the three months ended September 30, 2024 and 2023, amortization expense associated with our finite-lived intangible assets was $1,246 and $1,715, respectively. For the nine months ended September 30, 2024 and 2023, amortization expense associated with our finite-lived intangible assets was $4,528 and $5,098, respectively.

As of September 30, 2024, estimated future amortization expense was as follows:


Fiscal Year Ending:
2024 (remaining three months)	$	475
2025		1,827
2026		1,585
2027		741
2028		501
Thereafter		1,010
Total estimated future amortization expense	$	6,139