Goodwill recorded in connection with the Company’s acquisitions is primarily attributable to the assembled workforce and anticipated operational synergies. There were no additions to, or impairments of, goodwill during the three and six months ended June 30, 2026 and 2025.

The Company has only one reporting unit and evaluates goodwill for impairment at the single reporting unit level.


Balance at December 31, 2025	$	54,256
Foreign currency translation	(249)
Balance at June 30, 2026	$	54,007

The gross carrying amounts and accumulated amortization of the Company’s finite-lived intangible assets as of June 30, 2026 and December 31, 2025 were as follows:


	June 30, 2026
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	44,474	$	(42,856)	$	1,618
Customer relationships	99,225		(71,296)		27,929
Trademarks and trade names	2,300		(2,159)		141
Total finite-lived intangible assets	$	145,999	$	(116,311)	$	29,688


	December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	44,684	$	(40,555)	$	4,129
Customer relationships	99,225		(65,122)		34,103
Trademarks and trade names	2,300		(1,893)		407
Total finite-lived intangible assets	$	146,209	$	(107,570)	$	38,639

Amortization expense related to developed technology, customer relationships, and trademarks and trade names is recorded in depreciation and amortization within the Company’s consolidated statements of operations. Amortization expense of finite-lived intangible assets was $4,415 and $5,879 for the three months ended June 30, 2026 and 2025, respectively, and $8,831 and $11,826 for the six months ended June 30, 2026 and 2025, respectively.

The following table presents future amortization of the Company’s finite-lived intangible assets as of June 30, 2026:


	Amount
2026 (remainder of the year)	$	8,006
2027	13,712
2028	7,907
2029	20
2030	20
Thereafter	23
Total	$	29,688