Intangible assets consist primarily of developed technology and patent licenses acquired from business or asset acquisitions. Acquired intangibles are amortized on a straight-line basis over the respective estimated useful lives of the assets.


		June 30, 2026
(in thousands)	Weighted Average Life (Years)	Cost		Accumulated Amortization		Net Book Value
Developed technology	4.6	$	40,141	$	(37,205)	$	2,936
Total intangibles subject to amortization		$	40,141	$	(37,205)	$	2,936
Intangible assets not subject to amortization						40
Total intangible assets, net						$	2,976


		December 31, 2025
(in thousands)	Weighted Average Life (Years)	Cost		Accumulated Amortization		Net Book Value
Developed technology	4.6	$	40,141	$	(35,926)	$	4,215
Total intangibles subject to amortization		$	40,141	$	(35,926)	$	4,215
Intangible assets not subject to amortization						40
Total intangible assets, net						$	4,255

Intangible asset amortization expense was $0.7 million and $0.7 million for the three months ended June 30, 2026 and 2025, respectively, and $1.3 million and $1.3 million for the six months ended June 30, 2026 and 2025, respectively. Intangible asset amortization expenses were primarily recorded in cost of revenues in the condensed consolidated statements of operations.

As of June 30, 2026, the Company expects amortization expense in future periods to be as follows:


	(in thousands)
2026 (remaining six months)	$	1,198
2027	1,738



Total expected future amortization expense	$	2,936