v3.26.1
Intangible Assets, Net
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets, Net
7. Intangible Assets, Net
 
Intangible assets consisted of the following as of June 30, 2026:
 
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueWeighted-Average Remaining Useful Life
(in thousands)(in years)
Intangible assets subject to amortization:
Customer relationships$143,083 $(139,108)$3,975 0.3
Patents84,853 (40,792)44,061 7.7
Developed technology23,611 (12,432)11,179 5.5
Total intangible assets subject to amortization$251,547 $(192,332)$59,215 
Intangible assets not subject to amortization:
Trade name and trademarks$387,676 $— $387,676 Indefinite
Total intangible assets, net$639,223 $(192,332)$446,891 
 
Intangible assets consisted of the following as of December 31, 2025:
 
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueWeighted-Average Remaining Useful Life
(in thousands)(in years)
Intangible assets subject to amortization:
Customer relationships$143,083 $(131,159)$11,924 0.8
Patents77,326 (36,973)40,353 7.5
Developed technology23,070 (11,148)11,922 6.0
Total intangible assets subject to amortization$243,479 $(179,280)$64,199 
Intangible assets not subject to amortization:
Trade name and trademarks$386,938 $— $386,938 Indefinite
Total intangible assets, net$630,417 $(179,280)$451,137 
 
Amortization expenses for intangible assets were as follows:
 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Research and development$2,421 $2,120 $4,836 $4,238 
Sales and marketing3,975 3,974 7,949 7,949 
Total amortization expenses$6,396 $6,094 $12,785 $12,187