v3.25.4
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill were as follows:

 

(In thousands)

 

Amounts

 

 Balance at December 31, 2024

 

$

-

 

 Acquisition

 

 

14,731

 

 Balance at December 31, 2025

 

$

14,731

 
Summary of Acquired Intangible Assets, Net

Acquired intangible assets, net consisted of the following:

 

 

 

December 31, 2025

 

(In thousands)

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Weighted Average Remaining Useful Life
(In years)

 

Customer relationships

 

$

5,148

 

 

$

53

 

 

$

5,095

 

 

 

8.7

 

Developed technology

 

 

2,600

 

 

 

31

 

 

 

2,569

 

 

 

6.9

 

Tradename

 

 

1,500

 

 

 

13

 

 

 

1,487

 

 

 

9.9

 

Non-compete

 

 

1,300

 

 

 

21

 

 

 

1,279

 

 

 

4.9

 

Total

 

$

10,548

 

 

$

118

 

 

$

10,430

 

 

 

 

 
Summary of Future Amortization Expense Related to Acquired Intangible Assets As of December 31, 2025, future amortization expense related to acquired intangible assets was as follows:

 

(In thousands)

 

Amortization Expense

 

2026

 

$

1,421

 

2027

 

 

1,421

 

2028

 

 

1,421

 

2029

 

 

1,421

 

2030

 

 

1,379

 

2031 and thereafter

 

 

3,367

 

Total

 

$

10,430