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, 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:


	June 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		37,895		42,900		35,750
Customer relationships		9,700		6,178		11,800		8,240
Covenants not to compete		12,720		7,701		12,590		6,685
Other intangible assets, net	$	172,320	$	51,774	$	174,490	$	50,875

For the three months ended June 30, 2023 and 2022, amortization expense associated with our finite-lived intangible assets was $1,706 and $1,692, respectively. For the six months ended June 30, 2023 and 2022, amortization expense associated with our finite-lived intangible assets was $3,383 and $3,460, respectively.

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


Fiscal Year Ending:
2023 (remaining six months)	$	3,362
2024		4,936
2025		1,725
2026		1,483
2027		655
Thereafter		1,385
Total estimated future amortization expense	$	13,546