INTANGIBLE ASSETS, NET (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of Intangible Assets, Net |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Table 7.1: Details of Intangible Assets, Net | | | March 31, 2026 | | December 31, 2025 | | Estimated Useful Life | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Value | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Value | | | | | | | | | | | | | | | (in years) | (in thousands) | | Acquired technology | 8 | $ | 3,630 | | | $ | (2,117) | | | $ | 1,513 | | | $ | 3,630 | | | $ | (2,004) | | | $ | 1,626 | | | Customer relationship | 3 | 40 | | | (40) | | | — | | | 40 | | | (40) | | | — | | | Software development costs | 2 - 5 | 43,913 | | | (26,068) | | | 17,845 | | | 43,411 | | | (23,576) | | | 19,835 | | | Subtotal | | 47,583 | | | (28,225) | | | 19,358 | | | 47,081 | | | (25,620) | | | 21,461 | | In-process software development costs (1) | | 10,450 | | | — | | | 10,450 | | | 8,820 | | | — | | | 8,820 | | | Total | | $ | 58,033 | | | $ | (28,225) | | | $ | 29,808 | | | $ | 55,901 | | | $ | (25,620) | | | $ | 30,281 | |
| | | (1) In-process software development costs are costs for software that is not yet available for its intended use or general release to customers as of the balance sheet date, thus not yet amortized. |
|
| Schedule of Indefinite-Lived Intangible Assets |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Table 7.1: Details of Intangible Assets, Net | | | March 31, 2026 | | December 31, 2025 | | Estimated Useful Life | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Value | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Value | | | | | | | | | | | | | | | (in years) | (in thousands) | | Acquired technology | 8 | $ | 3,630 | | | $ | (2,117) | | | $ | 1,513 | | | $ | 3,630 | | | $ | (2,004) | | | $ | 1,626 | | | Customer relationship | 3 | 40 | | | (40) | | | — | | | 40 | | | (40) | | | — | | | Software development costs | 2 - 5 | 43,913 | | | (26,068) | | | 17,845 | | | 43,411 | | | (23,576) | | | 19,835 | | | Subtotal | | 47,583 | | | (28,225) | | | 19,358 | | | 47,081 | | | (25,620) | | | 21,461 | | In-process software development costs (1) | | 10,450 | | | — | | | 10,450 | | | 8,820 | | | — | | | 8,820 | | | Total | | $ | 58,033 | | | $ | (28,225) | | | $ | 29,808 | | | $ | 55,901 | | | $ | (25,620) | | | $ | 30,281 | |
| | | (1) In-process software development costs are costs for software that is not yet available for its intended use or general release to customers as of the balance sheet date, thus not yet amortized. |
|
| Schedule of Amortization Expense |
| | | | | | | | | | | | | Table 7.2: Amortization Expense | | For the Three Months Ended | | March 31, 2026 | | March 31, 2025 | | | | | | (in thousands) | | Amortization expense related to: | | | | Software development costs - cost of sales (1) | $ | 2,492 | | | $ | 1,411 | | | Other intangible assets - general and administrative | 113 | | | 113 | | | Total | $ | 2,605 | | | $ | 1,524 | |
(1) Amortization expense for software development costs related to assets to be sold, leased, or otherwise marketed is charged under cost of sales on the unaudited consolidated statements of operations.
|