The following table presents details of the Company’s acquired intangible assets as of June 30, 2026 and December 31, 2025 (in thousands):


As of June 30, 2026	Gross Carrying Amount		Accumulated Amortization		Net
Finite-lived intangible assets:

Customer relationships	$	6,800	$	(4,080)	$	2,720
Trade secrets and processes	5,256		(2,234)		3,022

Total intangible assets	$	12,056	$	(6,314)	$	5,742


As of December 31, 2025	Gross Carrying Amount		Accumulated Amortization		Net
Finite-lived intangible assets:

Customer relationships	$	6,999	$	(3,966)	$	3,033
Trade secrets and processes	5,256		(2,103)		3,153

Total intangible assets	$	12,255	$	(6,069)	$	6,186

The gross carrying amount and accumulated amortization of the customer relationships are the only intangible assets subject to foreign currency translation effects. The Company’s $5.3 million trade secrets and processes intangible asset was recognized in connection with a royalty buyout agreement in 2018.

The following table presents the amortization recorded related to the Company’s finite-lived intangible assets for the three and six months ended June 30, 2026 and 2025 (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Cost of revenue	$	65	$	66	$	131	$	131

Sales, general and administrative	116		112		232		218
Total	$	181	$	178	$	363	$	349