| Goodwill and Intangible Assets, net |
Goodwill and Intangible Assets, net Goodwill
The changes in the carrying value of goodwill for the six months ended June 30, 2026 are as follows (in thousands):
| | | | | | | | | | | December 31, 2025 | 126,621 | | Foreign currency translation impact | (272) | | | June 30, 2026 | $ | 126,349 | |
Intangible Assets, Net
The gross carrying amount and accumulated amortization of the Company’s intangible assets, net, as of June 30, 2026 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | Gross Carrying Value | | Accumulated Amortization | | Net Carrying Value | | Estimated Useful Life (Years) | | Developed technology | $ | 91,629 | | | $ | (82,226) | | $ | 9,403 | | | 3 - 10 | | Capitalized software | 27,251 | | | (16,954) | | 10,297 | | | 3 - 5 | | Customer relationships | 16,626 | | | (16,439) | | 187 | | | 5 - 10 | | Trademarks | 11,849 | | | (7,446) | | 4,403 | | | 15 | | Non-compete agreement | 5,807 | | | (4,117) | | 1,690 | | | 3 | | Patents | 5,451 | | | (1,213) | | 4,238 | | | 3 - 19 | | Total intangible assets | $ | 158,613 | | | $ | (128,395) | | $ | 30,218 | | | |
The gross carrying amount and accumulated amortization of the Company’s intangible assets, net, as of December 31, 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | Gross Carrying Value | | Accumulated Amortization | | Net Carrying Value | | Estimated Useful Life (Years) | | Developed technology | $ | 91,629 | | | $ | (79,405) | | $ | 12,224 | | 3 - 10 | | Capitalized software | 26,260 | | | (15,082) | | 11,178 | | | 3 - 5 | | Customer relationships | 19,112 | | | (17,461) | | 1,651 | | | 5 - 10 | | Trademarks | 11,730 | | | (7,019) | | 4,711 | | | 15 | | Non-compete agreement | 5,908 | | | (3,711) | | 2,197 | | | 3 | | Patents | 4,855 | | | (1,053) | | 3,802 | | | 3 - 19 | | Total intangible assets | $ | 159,494 | | | $ | (123,731) | | | $ | 35,763 | | | |
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