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

The following table shows the components of intangible assets, net (in thousands):

 

 

Weighted-average remaining amortization period (in years)

 

 

June 30, 2026

 

 

December 31, 2025

 

Trade name

 

 

13.5

 

 

$

2,038

 

 

$

2,050

 

Developed technology

 

 

13.8

 

 

 

18,465

 

 

 

18,609

 

Customer relationships

 

 

18.9

 

 

 

24,073

 

 

 

24,180

 

Patents

 

 

11.3

 

 

 

12

 

 

 

12

 

Total intangible assets

 

 

 

 

 

44,589

 

 

 

44,850

 

Less: accumulated amortization

 

 

 

 

 

(6,446

)

 

 

(5,176

)

Intangible assets, net

 

 

 

 

$

38,143

 

 

$

39,674

 

Schedule of Estimated Future Amortization Expense Estimated future amortization expense for the next five years is as follows:

 

2026

 

$

2,504

 

2027

 

 

2,504

 

2028

 

 

2,504

 

2029

 

 

2,504

 

2030

 

 

2,504

 

Thereafter

 

 

25,623

 

Total

 

$

38,143