Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

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

	TASER		Software and Sensors		Total
Balance, beginning of period	$	2,984	$	54,961	$	57,945
Goodwill acquired	—		250,653		250,653
Purchase accounting adjustments	—		(364)		(364)
Foreign currency translation adjustments	(14)		252		238
Balance, end of period	$	2,970	$	305,502	$	308,472

Schedule of intangible assets other than goodwill

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

		September 30, 2024						December 31, 2023
	Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizable (definite-lived) intangible assets:
Developed technology	3 ‑ 8 years	$	82,531	$	(21,478)	$	61,053	$	29,402	$	(16,562)	$	12,840
Customer relationships	4 ‑ 10 years	18,649		(3,730)		14,919		5,530		(3,620)		1,910
Trademarks	3 ‑ 15 years	3,214		(1,312)		1,902		1,333		(817)		516
Issued patents	5 ‑ 25 years	3,019		(1,553)		1,466		3,222		(1,707)		1,515
Domain names	3 ‑ 10 years	3,043		(2,357)		686		3,043		(2,128)		915
Non-compete agreements	3 ‑ 4 years	—		—		—		448		(448)		—
Total amortizable intangible assets		110,456		(30,430)		80,026		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		654		—		654		775		—		775
Total non-amortizable intangible assets		1,722		—		1,722		1,843		—		1,843
Total intangible assets		$	112,178	$	(30,430)	$	81,748	$	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 three months of 2024, the next five years ended December 31, and thereafter, is as follows (in thousands):

2024 remaining	$	3,840
2025	12,536
2026	12,341
2027	11,400
2028	11,289
2029	11,105
Thereafter	17,515
Total	$	80,026