The following table details the changes in goodwill during the six months ended June 30, 2026 and fiscal year ended December 31, 2025 (in thousands):


	Carrying Amount
Balance as of December 31, 2024	$	25,555
Foreign currency translation adjustments	3,256
Balance as of December 31, 2025	28,811
Foreign currency translation adjustments	(838)
Balance as of June 30, 2026	$	27,973

Intangible assets, net consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):


	As of
	June 30, 2026		December 31, 2025
Developed technology	$	7,318	$	7,537
Customer relationships	980		1,010

Intangible assets, gross	8,298		8,547
Less: accumulated amortization	(7,710)		(7,301)
Intangible assets, net	$	588	$	1,246

Intangible amortization expense was $0.3 million and $0.6 million for each of the three and six months ended June 30, 2026 and 2025, respectively. As of June 30, 2026, the weighted average remaining amortization periods for developed technology and customer relationships were approximately 0.2 years and 4.8 years, respectively.

The following table shows the projected annual amortization expense related to amortizable intangible assets as of June 30, 2026 (in thousands):


	Projected Amortization
2026 (excluding the six months ended June 30, 2026)	$	178
2027	98
2028	98
2029	98
2030	72
Thereafter	44
Total projected amortization expense	$	588