Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 400

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 400
---
 | 266,354 |     |              | —       |   |     |             | 266,354 |     |             |     |
| Total intangible assets, net        |     | $        | 391,442 |     | $            | (64,061 | ) |     | $           | 327,381 |     |             |     |

Total amortization expense of intangible assets was $49.0 million, $33.1 million and $12.3 million for the years ended December 31, 2024, 2023, and 2022, respectively. Amortization expense on internally developed software was $42.0 million, $24.9 million and $8.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. Amortization expense on the acquired intangible assets was $7.0 million, $8.3 million and $3.4 million for the years ended December 31, 2024, 2023, and 2022, respectively. The expected future amortization expense for amortizing intangible assets is as follows (in thousands): Table 6.2. Future Amortization Expense of Intangible Assets

| Years ending December 31,  |     |   |        |
|:---------------------------|:----|:--|-------:|
| 2025                       |     | $ | 41,219 |
| 2026                       |     |   | 16,987 |
| 2027                       |     |   |  2,919 |
| 2028                       |     |   |  1,774 |
| 2029                       |     |   |    384 |
| Thereafter                 |     |   |  1,707 |
| Total amortization expense |     | $ | 64,990 |

F-57

CONFIDENTIAL TREATMENT REQUESTED BY CIRCLE INTERNET GROUP, INC. PURSUANT TO 17 C.F.R. § 200.83 7. Fixed assets, net The following table presents our major categories of Fixed assets, net (in thousands): Table 7.1. Details of Fixed assets, net

|                                                 |     | 2024 | December 31, |   |     | 2023 | December 31, |   |
|:------------------------------------------------|:----|:-----|-------------:|:--