v3.26.1
Acquisitions and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Acquisitions Intangible Assets And Goodwill Disclosure [Abstract]  
Schedule of Business Combination

 

 

Fair Value

 

Assets and Liabilities acquired:

 

 

 

Accounts receivable

 

$

9,393

 

Intangible assets

 

$

8,721

 

Deferred revenue

 

$

(17,920

)

Schedule of Intangible Assets, Net

Intangible assets, net consisted of the following (in thousands):

 

 

 

 

As of June 30, 2026

 

 

 

As of December 31, 2025

 

 

 

 

Gross
Carrying
Amount

 

 

 

Accumulated
Amortization

 

 

 

Net
Carrying
Amount

 

 

 

Gross
Carrying
Amount

 

 

 

Accumulated
Amortization

 

 

 

Net
Carrying
Amount

 

Developed technology

 

$

 

19,885

 

 

$

 

(8,016

)

 

$

 

11,869

 

 

$

 

12,798

 

 

$

 

(6,838

)

 

$

 

5,959

 

Customer related

 

 

 

3,953

 

 

 

 

(1,459

)

 

 

 

2,494

 

 

 

 

1,631

 

 

 

 

(1,214

)

 

 

 

417

 

Trade name

 

 

 

373

 

 

 

 

(137

)

 

 

 

236

 

 

 

 

90

 

 

 

 

(90

)

 

 

 

 

Order backlog

 

 

 

1,020

 

 

 

 

(57

)

 

 

 

963

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets, net

 

$

 

25,231

 

 

$

 

(9,669

)

 

$

 

15,562

 

 

$

 

14,519

 

 

$

 

(8,142

)

 

$

 

6,376

 

Schedule of Expected Future Amortization Expense

As of June 30, 2026, future amortization expense is expected to be as follows (in thousands):

 

 

 

Amount

 

Remainder of 2026

 

$

2,434

 

2027

 

 

4,594

 

2028

 

 

4,237

 

2029

 

 

2,644

 

2030

 

 

1,318

 

2031

 

 

335

 

Total

 

$

15,562