v3.25.2
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill

The changes in goodwill as of December 31, 2024 and June 30, 2025 were as follows (in thousands):

 

Balance, as of December 31, 2024

 

$

61,607

 

Acquisition

 

 

2,489

 

Balance, as of June 30, 2025

 

$

64,096

 
Summary of Intangible Assets

Intangible assets, net as of June 30, 2025 and December 31, 2024 were as follows (in thousands, except years):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2025

 

 

 

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Weighted
Average
Remaining
Term
(years)

 

Developed technology

 

$

4,072

 

 

$

(1,478

)

 

$

2,594

 

 

 

3.4

 

Tradenames

 

 

642

 

 

 

(275

)

 

 

367

 

 

 

5.8

 

Total

 

$

4,714

 

 

$

(1,753

)

 

$

2,961

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2024

 

 

 

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Weighted
Average
Remaining
Term
(years)

 

Developed technology

 

$

2,512

 

 

$

(1,104

)

 

$

1,408

 

 

 

4.6

 

Tradenames

 

 

642

 

 

 

(243

)

 

 

399

 

 

 

6.3

 

Total

 

$

3,154

 

 

$

(1,347

)

 

$

1,807

 

 

 

 
Schedule of Future Amortization Expense Related to Intangible Assets

As of June 30, 2025, future amortization expense related to the intangible assets was estimated as follows (in thousands):

 

2025 (remainder)

 

$

448

 

2026

 

 

898

 

2027

 

 

898

 

2028

 

 

422

 

2029

 

 

216

 

Thereafter

 

 

79

 

Total

 

$

2,961