Goodwill recorded in connection with the Company’s acquisitions is primarily attributable to the assembled workforce and anticipated operational synergies. There were no additions to, or impairments of, goodwill during the three months ended March 31, 2026 and 2025.

The Company has only one reporting unit and evaluates goodwill for impairment at the single reporting unit level.

The following table displays the changes in the carrying amount of goodwill:


Balance at December 31, 2025	$	54,256
Foreign currency translation	(281)
Balance at March 31, 2026	$	53,975

The gross carrying amounts and accumulated amortization of the Company’s finite-lived intangible assets as of March 31, 2026 and December 31, 2025 were as follows:


	March 31, 2026
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	44,340	$	(41,140)	$	3,200
Customer relationships	99,689		(69,088)		30,601
Trademarks and trade names	2,300		(2,038)		262
Total finite-lived intangible assets	$	146,329	$	(112,266)	$	34,063


	December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	44,684	$	(40,555)	$	4,129
Customer relationships	99,225		(65,122)		34,103
Trademarks and trade names	2,300		(1,893)		407
Total finite-lived intangible assets	$	146,209	$	(107,570)	$	38,639

Amortization expense related to developed technology, customer relationships, and trademarks and trade names is recorded in depreciation and amortization within the Company’s consolidated statements of operations. Amortization expense of finite-lived intangible assets was $4,416 and $5,947 for the three months ended March 31, 2026 and 2025, respectively.

The following table presents future amortization of the Company’s finite-lived intangible assets as of March 31, 2026:


	Amount
2026 (remainder of the year)	$	12,592
2027	13,541
2028	7,870
2029	20
2030	20
Thereafter	20
Total	$	34,063