Intangible Assets, net

9 Months Ended

Sep. 30, 2026

Intangible Asset, Excluding Goodwill, after Accumulated Amortization [Abstract]

Intangible assets, net as of September 30, 2026 and December 31, 2025 consist of the following:


		As of September 30, 2026				As of December 31, 2025
(In thousands)	Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Acquired technology	6 to 7	$	28,471	$	(19,302)	$	21,397	$	(18,237)
Customer relationships	1 to 12	29,759		(25,845)		29,317		(23,679)
Patents, trademarks, and other	10 to 20	5,249		(4,201)		5,080		(4,137)
Total		$	63,479	$	(49,348)	$	55,794	$	(46,053)

Amortization expense was $1.2 million and $3.3 million for the three and nine months ended September 30, 2026, respectively, compared to $0.7 million and $2.0 million for the three and nine months ended September 30, 2025, respectively. Amortization expense includes cost of sales amortization expense directly related to delivering cloud subscription revenue of $0.4 million and $1.0 million for the three and nine months ended September 30, 2026, respectively. There was no cost of sales amortization expense for the three and nine months ended September 30, 2025. Costs included in cost of sales are recorded in "Services and other cost of goods sold" on the condensed consolidated statements of operations.

Certain intangible assets are denominated in functional currencies besides the U.S. Dollar and are subject to currency fluctuations.

There was no impairment of intangible assets recorded during the nine months ended September 30, 2026 and 2025.