Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consisted of the following (in thousands):

	March 31, 2024
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	19,090	$	(4,244)	$	14,846
Customer backlog	5,100		(1,591)		3,509
Developed technology	8,147		(3,199)		4,948
In-process research and development	890		(563)		327
Tradenames	300		(55)		245
Total intangible assets, net	$	33,527	$	(9,652)	$	23,875

	December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	19,090	$	(3,682)	$	15,408
Customer backlog	5,100		(1,374)		3,726
Developed technology	8,147		(2,839)		5,308
In-process research and development	890		(519)		371
Tradenames	300		(48)		252
Total intangible assets, net	$	33,527	$	(8,462)	$	25,065

Future Amortization Expense of Intangible Assets

The following table presents the future amortization expense of the Company’s intangible assets as of March 31, 2024 (in thousands):

Remainder of 2024	$	3,568
2025	4,753
2026	3,746
2027	3,143
2028	2,401
Thereafter	6,264
Total	$	23,875