v3.26.1
Goodwill and Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill
The following table presents the changes in the Company’s goodwill balance as of June 30, 2026 (in thousands):
Gross Carrying AmountImpairmentNet Carrying Amount
Balance, December 31, 2025$18,697 $— $18,697 
Acquisition of Lanteris (Note 3)360,460 — 360,460 
Adjustment related to KinetX acquisition59 — 59 
Balance, June 30, 2026$379,216 $— $379,216 
Schedule of Intangible Asset, Finite-Lived
Intangible assets, net consist of the following as of June 30, 2026 and December 31, 2025 (in thousands, except useful life in years):
June 30, 2026
Weighted average useful lifeGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired intangible assets
Trademark / trade name1$5,000 $(2,500)$2,500 
Customer relationships15139,900 (4,742)135,158 
Developed technology15165,399 (5,988)159,411 
Total intangible assets, net$310,299 $(13,230)$297,069 

December 31, 2025
Weighted average useful lifeGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired intangible assets
Customer relationships10$1,900 $(47)$1,853 
Developed technology1011,400 (285)11,115 
Total intangible assets, net$13,300 $(332)$12,968