Company: TIPT
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001393726-25-000055
Chunk: 106

Company: TIPTREE INC.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part II, Item 8
Chunk 106
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875)(799)— (799)Total finite-lived intangible assets85,451 20 85,471 88,058 40 88,098 Indefinite-Lived Intangible Assets: (1)Insurance licensing agreements13,761 — 13,761 13,761 — 13,761 Other— 1,000 1,000 — 1,000 1,000 Total indefinite-lived intangible assets13,761 1,000 14,761 13,761 1,000 14,761 Total intangible assets, net$99,212 $1,020 $100,232 $101,819 $1,040 $102,859 Goodwill 204,788 1,708 206,496 204,998 1,708 206,706 Total goodwill and intangible assets, net$304,000 $2,728 $306,728 $306,817 $2,748 $309,565 (1)    Impairment tests are performed at least annually on indefinite-lived intangible assets.GoodwillThe following table presents the activity in goodwill, by operating segment and/or reporting unit, as appropriate, and includes the adjustments made to the balance of goodwill to reflect the effect of the final valuation adjustments made for acquisitions, as well as the reduction to any goodwill attributable to impairment related charges:InsuranceOtherTotalBalance at December 31, 2024$204,998 $1,708 $206,706 Foreign currency translation and other(210)— (210)Balance at March 31, 2025$204,788 $1,708 $206,496 The Company conducts annual impairment tests of its goodwill as of October 1. For the three months ended March 31, 2025 and 2024, no impairments were recorded on the Company’s goodwill. There was no accumulated impairment recorded in the goodwill balance as of March 31, 2025.Intangible Assets, netThe following table presents the activity, by operating segment and/or reporting unit, as appropriate, in finite and indefinite-lived other intangible assets and includes the adjustments made to the balance to reflect the effect of any final valuation adjustments made for acquisitions, as well as any reduction attributable to impairment-related charges:InsuranceOtherTotalBalance at December 31, 2024$101,819 $1,040