| Schedule of Changes in Goodwill |
The following table summarizes the changes in the carrying value of the Company’s goodwill balance during the six months ended June 30, 2025 (in thousands): | | | | | | | | | | | | Goodwill | | | | | | Balance as of December 31, 2024 | $ | 569,668 | | | | | | | | | | | | | Envato measurement period adjustment | 1,588 | | | | | | | Foreign currency translation adjustment | 3,993 | | | | | | | | | | | | | Balance as of June 30, 2025 | $ | 575,249 | | | | | |
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| Schedule of Intangible Assets |
Intangible assets, all of which are subject to amortization, consisted of the following as of June 30, 2025 and December 31, 2024 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of June 30, 2025 | | | | As of December 31, 2024 | | | Gross
Carrying
Amount | | Accumulated
Amortization | | Net
Carrying
Amount | | Weighted
Average Life
(Years) | | Gross
Carrying
Amount | | Accumulated
Amortization | | Net
Carrying
Amount | | Amortizing intangible assets: | | | | | | | | | | | | | | | Customer relationships | $ | 106,931 | | | $ | (41,004) | | | $ | 65,927 | | | 11 | | $ | 103,130 | | | $ | (34,847) | | | $ | 68,283 | | | Trade name | 69,820 | | | (16,367) | | | 53,453 | | | 11 | | 68,980 | | | (12,941) | | | 56,039 | | | Developed technology | 180,408 | | | (101,555) | | | 78,853 | | | 5 | | 176,560 | | | (86,140) | | | 90,420 | | | Acquired content | 80,068 | | | (40,334) | | | 39,734 | | | 8 | | 69,574 | | | (35,917) | | | 33,657 | | | | | | | | | | | | | | | | | Patents | 259 | | | (189) | | | 70 | | | 18 | | 259 | | | (181) | | | 78 | | | | | | | | | | | | | | | | | Total | $ | 437,486 | | | $ | (199,449) | | | $ | 238,037 | | | | | $ | 418,503 | | | $ | (170,026) | | | $ | 248,477 | |
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