v3.26.1
INTANGIBLE ASSETS AND GOODWILL
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
Intangible assets, net
Intangible assets, net consisted of the following as of June 30, 2026 (in thousands):
Gross Fair ValueAccumulated AmortizationNet Book Value
Developed technology
$13,190 $(3,233)$9,957 
Customer relationships
10,130 (1,570)8,560 
Trade name and other
370 (120)250 
Total intangibles
$23,690 $(4,923)$18,767 
Intangible assets, net consisted of the following as of December 31, 2025 (in thousands):
Gross Fair ValueAccumulated AmortizationNet Book Value
Developed technology
$3,590 $(2,446)$1,144 
Customer relationships
1,830 (973)857 
Trade name and other
200 (33)167 
Total intangibles
$5,620 $(3,452)$2,168 
Amortization expense of intangible assets was $0.8 million and $0.2 million for the three months ended June 30, 2026 and 2025, respectively, and $1.5 million and $0.4 million for the six months ended June 30, 2026 and 2025, respectively.
The expected future amortization expense of these intangible assets as of June 30, 2026 is as follows (in thousands):
Fiscal year ending December 31,
Amount
Remainder of 2026
$1,561 
20272,942 
20282,925 
20292,749 
20302,500 
Thereafter5,940 
Total future amortization expense$18,617 
Goodwill
Goodwill was $35.3 million and $4.2 million as of June 30, 2026 and December 31, 2025. No goodwill impairments were recorded during the three and six months ended June 30, 2026 and 2025.