v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Intangible Assets
The Company's intangible assets relate to intellectual property that has been amortized over five years. The carrying amount of intangible assets is as follows:
As of June 30, 2026
Estimated Useful
Life		Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Finite-lived intangible assets
Licenses and patents5$2,000 $(1,600)$400 
Developed technology521,500 (2,293)19,207 
Customer relationships
Follow-on1010,800 (576)10,224 
Existing backlog11,100 (587)513 
Trade names42,200 (293)1,907 
Total intangible assets$37,600 $(5,349)$32,251 
As of December 31, 2025
Estimated Useful
Life		Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Finite-lived intangible assets
Licenses and patents5$2,000 $(1,400)$600 
Developed technology521,500 (147)21,353 
Customer relationships
Follow-on1010,800 (35)10,765 
Existing backlog11,100 (27)1,073 
Trade names42,200 (18)2,182 
Total intangible assets$37,600 $(1,627)$35,973 
Schedule of Future Amortization Expense of Intangible Assets
The following table presents amortization expense recognized on the condensed consolidated statements of operations:
Three months ended June 30,Six months ended June 30,
2026202520262025
Amortization expense$1,865 $100 $3,722 $200 

Future amortization expense related to intangibles assets, as of June 30, 2026, is expected to be as follows:
Remainder of 2026$3,678 
20276,130 
20285,930 
20295,912 
20305,237 
Thereafter5,364 
$32,251 
Goodwill
The following table summarizes the changes in the carrying amount of goodwill:
As of December 31, 2025$116,866 
Additions1,092 
As of June 30, 2026$117,958