Company: STGW
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0000876883-25-000009
Chunk: 131

Company: Stagwell Inc
Filing Date: 2025-03-11
Form: 10-K
Item: Item 8
Chunk 131
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umulated amortization(293,581)(218,808)Customer relationships, net$645,646 $652,179 Trade names, gross$208,549 $188,820 Accumulated amortization(94,687)(74,141)Trade names, net$113,862 $114,679 Capitalized software, gross$104,017 $70,622 Accumulated amortization(49,597)(30,928)Capitalized software, net$54,420 $39,694 Developed technology and other, gross$37,890 $21,583 Accumulated amortization(15,035)(9,915)Developed technology and other, net$22,855 $11,668 Total intangible assets, gross$1,289,683 $1,152,012 Accumulated amortization(452,900)(333,792)Total intangible assets, net$836,783 $818,220 The weighted average amortization period for customer relationships is thirteen years, trade names is twelve years, capitalized software is four years, and developed technology and other intangible assets is two years. In total, the weighted average amortization period is thirteen years. Amortization expense related to amortizable intangible assets for the years ended December 31, 2024, 2023, and 2022 was $121.6 million, $112.2 million, and $103.1 million, respectively. The estimated amortization expense for the five succeeding years is as follows:YearAmortization2025$119,386 2026117,048 2027102,092 202887,055 202975,999 Thereafter335,203 Total$836,783 

9. Deferred Acquisition ConsiderationDeferred acquisition consideration on the Consolidated Balance Sheets consists of deferred obligations related to contingent and fixed purchase price payments, and contingent and fixed retention payments tied to continued employment of specific personnel. Arrangements that are not contingent upon future employment are initially measured at the acquisition date fair value and are remeasured at each reporting period within Office and general expenses on the Consolidated Statements of Operations. Arrangements that are contingent upon future employment are initially measured at the acquisition date fair value, remeasured at each reporting period and are expensed as earned over the respective vesting (employment) period within Office and general expenses on the Consolidated Statements