v3.25.2
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The following table summarizes the changes to goodwill (in thousands):
Amount
Balance at January 1, 2025$19,544 
Addition793,426 
Balance at June 30, 2025$812,970 
Schedule of finite-lived intangible assets
Intangible assets, net consisted of the following (dollars in thousands):
June 30, 2025December 31, 2024
Weighted-Average Remaining Useful Lives (in years)Acquired
Intangibles,
Gross
Accumulated
Amortization
Acquired
Intangibles,
Net
Acquired
Intangibles,
Gross
Accumulated
Amortization
Acquired
Intangibles,
Net
Acquired technologies5$167,253 $(9,271)$157,982 $5,453 $(3,611)$1,842 
Other (1)
1049,697 (1,784)47,913 3,897 (830)3,067 
Total$216,950 $(11,055)$205,895 $9,350 $(4,441)$4,909 
(1) Included in Other are customer relationships and trade names.
Schedule of finite-lived intangible assets amortization expense
As of June 30, 2025, the expected future amortization expense related to intangible assets was as follows (in thousands):
Years Ending December 31,Amount
Remaining portion of 2025$18,940 
202636,264 
202736,250 
202836,082 
202936,069 
Thereafter42,290 
Total expected future amortization expense$205,895