Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 350

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 350
---
 |
| Acquired intangible assets          |     |                     |  31,373 |     |                         | (18,316  | ) |     |                       |  13,057 |     |                                               | 5.8 |
| Total amortizing intangible assets  |     | $                   | 177,952 |     | $                       | (112,962 | ) |     | $                     |  64,990 |     |                                               |     |
| Indefinite-lived intangible assets: |     |                     |         |     |                         |          |   |     |                       |         |     |                                               |     |
| Acquired intangible assets          |     |                     | 266,404 |     |                         | —        |   |     |                       | 266,404 |     |                                               |     |
| Total intangible assets, net        |     | $                   | 444,356 |     | $                       | (112,962 | ) |     | $                     | 331,394 |     |                                               |     |

Total amortization expense of intangible assets was $ 13.6 million and $ 12.2 million for the three months ended June 30, 2025 and 2024, respectively, and $ 27.1 million and $ 23.3 million for the six months ended June 30, 2025 and 2024, respectively. Amortization expense on internally developed software was $ 12.3 million and $ 10.3 million for the three months ended June 30, 2025 and 2024, respectively, and $ 24.4 million and $ 19.4 million for the six months ended June 30, 2025 and 2024, respectively. Amortization expense on the acquired intangible assets was $ 1.3 million and $ 1.9 million for the three months ended June 30, 2025 and 2024, respectively, and $ 2.7 million and $ 3.9 million for the six months ended June 30, 2025 and 2024, respectively.

<div align='center'>F-15</div>

The expected future amortization expense for amortizing intangible assets is as follows (in thousands):

| Table 5.3. Future Amortization Expense of Intangible Assets |     | Years endingDecember 31, |         |
|:------------------------------------------------------------|:----|