| Goodwill and Intangible Assets, Net |
Goodwill and Intangible Assets, Net The changes in goodwill by reportable segment are outlined below (in thousands): | | | | | | | | | | | | | | | | | | | Alarm.com | | Other | | Total | Balance as of January 1, 2026 | $ | 178,598 | | | $ | 46,389 | | | $ | 224,987 | | | | | | | | | Measurement period adjustments | — | | | (26) | | | (26) | | | Foreign currency translation adjustment | (320) | | | — | | | (320) | | | Balance as of June 30, 2026 | $ | 178,278 | | | $ | 46,363 | | | $ | 224,641 | |
The following table reflects changes in the net carrying amount of the components of intangible assets (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Customer Relationships | | Developed Technology | | Trade Name | | Capitalized Software Development Costs | | Other | | Total | Balance as of January 1, 2026 | $ | 55,024 | | | $ | 39,621 | | | $ | 1,302 | | | $ | 3,359 | | | $ | 46 | | | $ | 99,352 | | | Intangible assets acquired | — | | | — | | | — | | | — | | | 90 | | | 90 | | | Capitalized software development costs | — | | | — | | | — | | | 553 | | | — | | | 553 | | | Amortization | (5,272) | | | (6,335) | | | (152) | | | (445) | | | — | | | (12,204) | | | Balance as of June 30, 2026 | $ | 49,752 | | | $ | 33,286 | | | $ | 1,150 | | | $ | 3,467 | | | $ | 136 | | | $ | 87,791 | |
We recorded $6.0 million and $12.0 million of amortization related to our intangible assets for the three and six months ended June 30, 2026, respectively, as compared to $4.7 million and $9.2 million for the same periods in the prior year. There were no impairments of long-lived intangible assets during the three and six months ended June 30, 2026 and 2025. The following tables reflect the weighted average remaining life and carrying value of finite-lived intangible assets (in thousands, except weighted-average remaining life): | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Value | | Weighted- Average Remaining Life (in years) | | Customer relationships | $ | 162,400 | | | $ | (112,648) | | | $ | 49,752 | | | 10.7 | | Developed technology | 89,714 | | | (56,428) | | | 33,286 | | | 4.9 | | Trade name | 5,532 | | | (4,382) | | | 1,150 | | | 4.7 | | Capitalized software development costs | 4,587 | | | (1,120) | | | 3,467 | | | 3.0 | Other | 136 | | | — | | | 136 | | | 5.7 | | Total intangible assets | $ | 262,369 | | | $ | (174,578) | | | $ | 87,791 | | | 8.1 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross Carrying Amount | | | | Accumulated Amortization | | Net Carrying Value | | Weighted- Average Remaining Life (in years) | | Customer relationships | $ | 162,400 | | | | | $ | (107,376) | | | $ | 55,024 | | | 10.8 | | Developed technology | 89,714 | | | | | (50,093) | | | 39,621 | | | 5.2 | | Trade name | 5,532 | | | | | (4,230) | | | 1,302 | | | 5.0 | | Capitalized software development costs | 4,034 | | | | | (675) | | | 3,359 | | | 3.8 | Other | 46 | | | | | — | | | 46 | | | 5.0 | | Total intangible assets | $ | 261,726 | | | | | $ | (162,374) | | | $ | 99,352 | | | 8.3 |
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