Goodwill represents the excess of the purchase price over the fair value of the net assets acquired in business combinations accounted for under the purchase method of accounting. The following table presents goodwill as of June 30, 2026 (in thousands):


	Six Months Ended June 30,
	2026			2025
Balance at beginning of period	$	20,721		$	18,723
Foreign currency translation adjustment		(468	)		2,037
Total	$	20,253		$	20,760

As of June 30, 2026, intangible assets comprised the following (in thousands):


	Estimated Useful Life in Years	Gross Carrying Amount		Accumulated Amortization			Net
Definite-lived intangible assets:
Developed Technology	7.25	$	13,484	$	(6,044	)	$	7,440
Patent	3	$	250	$	(247	)		3
Tradename	8	$	1,257	$	(511	)		746
Total definite-lived intangible assets (1)		$	14,991	$	(6,802	)	$	8,189
(1) Foreign intangible asset carrying amounts are affected by foreign currency translation

We amortize identifiable intangible assets with finite lives over their useful lives on a straight-line basis. Amortization of intangible assets was $0.5 million and $1.1 million for the three and six months ended June 30, 2026, respectively, and $0.5 million and $1.0 million for the three and six months ended June 30, 2025, respectively.

As of June 30, 2026, the estimated intangible asset amortization expense for the next five years and thereafter is as follows:


	Estimated Amortization
	(in thousands)
2026		1,012
2027		2,017
2028		2,017
2029		2,017
2030		1,087
Thereafter		39
Total	$	8,189