v3.26.1
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Summary of Acquired Intangible Assets, Net

Acquired intangible assets, net consisted of the following:

 

 

 

June 30, 2026

 

(In thousands)

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Weighted Average Remaining Useful Life
(In years)

 

Customer relationships

 

$

5,148

 

 

$

373

 

 

$

4,775

 

 

 

8.3

 

Developed technology

 

 

2,600

 

 

 

217

 

 

 

2,383

 

 

 

6.4

 

Tradename

 

 

1,500

 

 

 

88

 

 

 

1,412

 

 

 

9.4

 

Non-compete

 

 

1,300

 

 

 

151

 

 

 

1,149

 

 

 

4.4

 

Total

 

$

10,548

 

 

$

829

 

 

$

9,719

 

 

 

 

Summary of Future Amortization Expense Related to Acquired Intangible Assets As of June 30, 2026, future amortization expense related to acquired intangible assets was as follows:

 

(In thousands)

 

Amortization Expense

 

2026

 

$

710

 

2027

 

 

1,421

 

2028

 

 

1,421

 

2029

 

 

1,421

 

2030

 

 

1,379

 

2031 and thereafter

 

 

3,367

 

Total

 

$

9,719