Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets

Schedule of goodwill

The changes in the carrying amount of goodwill for the six months ended June 30, 2024 were as follows (in thousands):

			Software and
	TASER		Sensors		Total
Balance, beginning of period	$	2,984	$	54,961	$	57,945
Goodwill acquired		—		250,653		250,653
Purchase accounting adjustments		—		(425)		(425)
Foreign currency translation adjustments		(76)		(339)		(415)
Balance, end of period	$	2,908	$	304,850	$	307,758

Schedule of intangible assets other than goodwill

Intangible assets (other than goodwill) consisted of the following at June 30, 2024 and December 31, 2023 (in thousands):

		June 30, 2024						December 31, 2023
		Gross				Net		Gross				Net
	Useful	Carrying		Accumulated		Carrying		Carrying		Accumulated		Carrying
	Life	Amount		Amortization		Amount		Amount		Amortization		Amount
Amortizable (definite-lived) intangible assets:
Domain names	3 ‑ 10 years	$	3,043	$	(2,281)	$	762	$	3,043	$	(2,128)	$	915
Issued patents	5 ‑ 25 years		3,157		(1,704)		1,453		3,222		(1,707)		1,515
Trademarks	3 ‑ 15 years		3,214		(1,124)		2,090		1,333		(817)		516
Customer relationships	4 ‑ 10 years		18,624		(3,222)		15,402		5,530		(3,620)		1,910
Non-compete agreements	3 ‑ 4 years		—		—		—		448		(448)		—
Developed technology	3 ‑ 8 years		82,532		(18,457)		64,075		29,402		(16,562)		12,840
Total amortizable intangible assets			110,570		(26,788)		83,782		42,978		(25,282)		17,696
Non-amortizable (indefinite-lived) intangible assets:
Trademarks			1,068		—		1,068		1,068		—		1,068
Patents and trademarks pending			721		—		721		775		—		775
Total non-amortizable intangible assets			1,789		—		1,789		1,843		—		1,843
Total intangible assets		$	112,359	$	(26,788)	$	85,571	$	44,821	$	(25,282)	$	19,539

Schedule of estimated amortization expense of intangible assets

Estimated amortization for intangible assets with definite lives for the remaining six months of 2024, the next five years ended December 31, and thereafter, is as follows (in thousands):

2024 remaining	$	7,679
2025		12,532
2026		12,335
2027		11,394
2028		11,283
2029		11,099
Thereafter		17,460
Total	$	83,782