v3.26.1
Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill activity was as follows (in thousands):
Total
Balance as of December 31, 2025
$29,465 
Additions (Note 3)— 
Balance as of March 31, 2026
$29,465 
Intangible Assets consisted of the following (in thousands):
Weighted-Average
March 31, 2026
Remaining Useful LifeAccumulated
GrossAmortizationNet
Trademarks and Trade Names73 months$1,400 $(175)$1,225 
Developed Technology49 months4,300 (745)3,555 
Customer Relationships73 months2,300 (287)2,013 
Total$8,000 $(1,207)$6,793 
December 31, 2025
Accumulated
GrossAmortizationNet
Trademarks and Trade Names$1,400 $(125)$1,275 
Developed Technology4,300 $(535)3,765 
Customer Relationships2,300 $(206)2,094 
Total$8,000 $(866)$7,134 
Amortization expense for intangible assets was $0.3 million for the three months ended March 31, 2026. The Company did not own definite-lived intangible assets prior to March 31, 2025.
Based on the recorded intangible assets at March 31, 2026, estimated future amortization expense is expected to be as follows (in thousands):
Amortization
Years Ending December 31,Expense
Remainder of 2026
1,040 
20271,381 
20281,381 
20291,381 
2030881 
Thereafter729 
Total6,793