Intangible Assets

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

The Company’s intangible assets as of June 30, 2026 and December 31, 2025 included the following:


	June 30, 2026		December 31, 2025
	(in thousands)
Amortizable intangible assets:
Developed technology	$	112,250	$	112,250
Customer relationships	—		60
In-process research and development	8,830		8,830

Other intangible assets	1,844		1,844
Non-compete agreements	690		690
Total identifiable intangible assets, gross	123,614		123,674
Accumulated amortization—intangible assets:
Developed technology	(106,227)		(101,880)
Customer relationships	—		(38)
In-process research and development	(8,830)		(8,273)

Other intangible assets	(1,019)		(954)
Non-compete agreements	(218)		(84)
Total accumulated amortization—intangible assets	(116,294)		(111,229)
Total intangible assets, net	$	7,320	$	12,445

Amortization of intangible assets for the three months ended June 30, 2026 and 2025 was $2.5 million and $2.9 million, respectively, and $5.1 million and $10.3 million for the six months ended June 30, 2026 and 2025, respectively.

The estimated remaining amortization expense associated with the Company's intangible assets was as follows as of June 30, 2026:


Fiscal Year	Amount
	(in thousands)
Remaining 2026	$	2,970
2027	2,466
2028	1,367
2029	79
2030	79
Thereafter	359
Total	$	7,320