v3.25.1
INTANGIBLE ASSETS AND GOODWILL
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
Intangible assets, net
Intangible assets, net consisted of the following as of March 31, 2025 (in thousands):

Gross Fair ValueAccumulated AmortizationNet Book Value
Developed technology
$3,590 $(1,995)$1,595 
Customer relationships
1,830 (801)1,029 
Trade name and other
200 (21)179 
Total intangibles
$5,620 $(2,817)$2,803 
Intangible assets, net consisted of the following as of December 31, 2024 (in thousands):

Gross Fair ValueAccumulated AmortizationNet Book Value
Developed technology
$3,590 $(1,835)$1,755 
Customer relationships
1,830 (744)1,086 
Trade name and other
200 (17)183 
Total intangibles
$5,620 $(2,596)$3,024 
Amortization expense of intangible assets was $0.2 million for both the three months ended March 31, 2025 and 2024.
The expected future amortization expense of these intangible assets as of March 31, 2025 is as follows (in thousands):

Fiscal year ending December 31,
Amount
Remainder of 2025
$635 
2026544 
2027527 
2028516 
2029340 
Thereafter91 
Total future amortization expense$2,653 
Goodwill
As of both March 31, 2025 and December 31, 2024, goodwill was $4.2 million. No goodwill impairments were recorded during the three months ended March 31, 2025 and 2024.