| Intangible Assets, Net and Goodwill |
Intangible Assets, Net and Goodwill The following table presents details of purchased intangible assets as of June 30, 2025, and December 31, 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Remaining Weighted-Average Useful Life | | | | | | | | | | | | (unaudited) | | | (in thousands) | | (in years) | Intangible assets subject to amortization: | | | | | | | | | | Acquired license | | $ | 11,886 | | | $ | (6,344) | | | $ | 5,542 | | | 5.3 | Non-compete agreements and other covenant rights | | 5,100 | | | (4,778) | | | 322 | | | 0.8 | | | | | | | | | | Total intangible assets subject to amortization | | $ | 16,986 | | | $ | (11,122) | | | $ | 5,864 | | | | | Intangible assets not subject to amortization: | | | | | | | | | | | | | | | | | | | Goodwill | | $ | 3,290 | | | $ | — | | | $ | 3,290 | | | | Total purchased intangible assets | | $ | 20,276 | | | $ | (11,122) | | | $ | 9,154 | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Remaining Weighted-Average Useful Life | | | | | | | | | | | | (in thousands) | | (in years) | Intangible assets subject to amortization: | | | | | | | | | | Acquired license | | $ | 11,886 | | | $ | (5,795) | | | $ | 6,091 | | | 5.8 | Non-compete agreements and other covenant rights | | 5,100 | | | (4,431) | | | 669 | | | 1.1 | | Acquired technology | | 1,600 | | | (1,600) | | | — | | | 0.0 | Total intangible assets subject to amortization | | $ | 18,586 | | | $ | (11,826) | | | $ | 6,760 | | | | | Intangible assets not subject to amortization: | | | | | | | | | | | | | | | | | | | Goodwill | | $ | 3,290 | | | $ | — | | | $ | 3,290 | | | | Total purchased intangible assets | | $ | 21,876 | | | $ | (11,826) | | | $ | 10,050 | | | |
Amortization of finite-lived intangible assets was $0.4 million and $0.6 million for the three months ended June 30, 2025, and 2024, respectively, and $0.9 million and $1.2 million for the six months ended June 30, 2025, and 2024, respectively. The following table summarizes estimated future amortization expense of finite-lived intangible assets, net: | | | | | | | | | | Year Ending December 31, | | | | | (unaudited) | | | (in thousands) | Remainder of 2025 | | $ | 774 | | | 2026 | | 1,212 | | | 2027 | | 1,107 | | | 2028 | | 1,109 | | | 2029 | | 765 | | 2030 and thereafter | | 897 | | | | | | Total | | $ | 5,864 | |
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