v3.26.3
Intangible Assets
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets Intangible Assets
As of September 30, 2026, and December 31, 2025, intangible assets were classified as follows:
September 30, 2026
Intangible assets:Weighted Average Amortization Period (in years)Gross Carrying ValueAccumulated AmortizationNet Carrying Value
(in thousands)
Developed technology7$4,980 $(935)$4,045 
Customer relationships714,120 (2,953)11,167 
Trade name125,630 (627)5,003 
Licensed IP54,979 (2,529)2,450 
Total intangible assets
$29,709 $(7,044)$22,665 
On January 1, 2026, the Company retired $0.8 million of intangible assets that were fully amortized.
December 31, 2025
Intangible assets:Weighted Average Amortization Period (in years)Gross Carrying ValueAccumulated AmortizationNet Carrying Value
(in thousands)
Developed technology7$5,780 $(1,199)$4,581 
Customer relationships714,120 (1,307)12,813 
Trade name125,630 (234)5,396 
Non-compete agreements520 (20)— 
Licensed IP54,979 (1,742)3,237 
Total intangible assets
$30,529 $(4,502)$26,027 
Amortization expense for the three and nine months ended September 30, 2026, and 2025 was:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(in thousands)
Cost of revenue$246 $249 $742 $747 
Research and development178 150 536 272 
General and administrative677 580 2,039 944 
Total amortization expense$1,101 $979 $3,317 $1,963 
As of September 30, 2026, estimated future amortization expense for the intangible assets reflected above was as follows:
Year Ending December 31,
Amount
(in thousands)
Remainder of 2026$1,100 
20274,366 
20284,345 
20293,610 
20303,365 
Thereafter5,879 
Total net carrying value of intangible assets
$22,665