v3.26.1
Goodwill, Intangible Assets, net and Digital Assets (Tables)
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill

Changes in goodwill for the three months ended March 31, 2026 are as follows:

(in thousands)

 

Goodwill

 

Balance as of December 31, 2025

 

$

15,545

 

Goodwill acquired

 

 

5,145

 

Foreign currency translation adjustments

 

 

(51

)

Balance as of March 31, 2026

 

$

20,639

 
Schedule of Identifiable Intangible Assets, Net

Identifiable intangible assets, net consist of the following:

 

 

As of March 31,

 

 

As of December 31,

 

 

2026

 

 

2025

 

(in thousands)

 

Cost

 

Accumulated Amortization

Net Book Value

 

 

Cost

 

 

Accumulated Amortization

 

 

Net Book Value

 

Internal-use software

 

$

6,415

 

 

$

(6,220

)

 

$

195

 

 

$

6,415

 

 

$

(6,171

)

 

$

244

 

Developed technology

 

 

4,987

 

 

 

(667

)

 

 

4,320

 

 

 

2,610

 

 

 

(535

)

 

 

2,075

 

Customer related

 

 

12,050

 

 

 

(1,228

)

 

 

10,822

 

 

 

5,479

 

 

 

(944

)

 

 

4,535

 

Trademark and trade name

 

 

1,996

 

 

 

(235

)

 

 

1,761

 

 

 

1,203

 

 

 

(194

)

 

 

1,009

 

Total identifiable intangible assets

 

$

25,448

 

 

$

(8,350

)

 

$

17,098

 

 

$

15,707

 

 

$

(7,844

)

 

$

7,863

 
Schedule of Estimated Annual Amortization Expense

As of March 31, 2026, estimated annual amortization expense for each of the next five fiscal years is as follows:

 

Fiscal Years Ending December 31,

 

(in thousands)

 

 

 

2026 (remaining)

 

 

3,510

 

2027

 

 

4,532

 

2028

 

 

2,406

 

2029

 

 

1,715

 

2030

 

 

1,689

 

2031

 

 

1,158

 

Thereafter

 

 

2,088

 

Total

 

$

17,098