The Company conducts its goodwill impairment analysis annually or more frequently if changes in facts and circumstances indicate that it is more likely than not that the fair value of a reporting unit may be less than its carrying value. There were no impairment indicators and the Company's market capitalization continues to exceed the net carrying value of the business. As such, the Company did not perform any further quantitative testing.

There was no change in the carrying amount of goodwill (in thousands):


	September 30, 2026		December 31, 2025

Goodwill	$	50,428	$	50,428

Acquired identifiable intangible assets, and related accumulated amortization, as of September 30, 2026 and December 31, 2025 consist of (in thousands):


	September 30, 2026
	Gross Carrying Value		Accumulated Amortization		Net Book Value

Customer relationships	$	10,285	$	7,716	$	2,569
Tradenames		18,293		8,353		9,940
Developed technology		27,706		11,737		15,969
Patent and trademarks		784		784		—
Total Intangible Assets	$	57,068	$	28,590	$	28,478


	December 31, 2025
	Gross Carrying Value		Accumulated Amortization		Net Book Value

Customer relationships	$	10,285	$	7,034	$	3,251
Tradenames		18,293		6,681		11,612
Developed technology		27,706		8,273		19,433
Patent and trademarks		784		736		48
Total Intangible Assets	$	57,068	$	22,724	$	34,344

Amortization expense related to definite lived intangible assets of $1.9 million and $2.0 million was recognized for the three months ended September 30, 2026 and 2025, respectively. Amortization expense related to definite lived intangible assets of $5.9 million and $6.1 million was recognized for the nine months ended September 30, 2026 and 2025, respectively.

As of September 30, 2026, estimated annual amortization expense related to definite lived intangible assets in future periods was as follows (in thousands):


2026 (remaining three months)	$	1,897
2027		7,590
2028		7,590
2029		7,590
2030		3,346
Thereafter		465
Total	$	28,478