Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table represents the changes to goodwill during the nine months ended September 30, 2024 (in thousands):

	Carrying Amount
Balance as of December 31, 2023	$	142,129
Foreign currency translation adjustments	107
Balance as of September 30, 2024	$	142,236

Schedule of Finite-Lived Intangible Assets

The following tables present details of the Company’s finite-lived intangible assets as of September 30, 2024 and December 31, 2023 (in thousands):

	As of September 30, 2024
	Gross Carrying Amount		Accumulated Amortization Expense		Net Carrying Amount
Developed technology	$	75,495	$	(50,744)	$	24,751
Patents	14,200		(1,775)		12,425
Assembled workforce	10,000		(9,625)		375
Trade name	500		(308)		192
Total intangible assets	$	100,195	$	(62,452)	$	37,743

	As of December 31, 2023
	Gross Carrying Amount		Accumulated Amortization Expense		Net Carrying Amount
Developed technology	$	75,455	$	(39,411)	$	36,044
Patents	14,200		(650)		13,550
Assembled workforce	10,000		(7,374)		2,626
Trade name	500		(233)		267
Total intangible assets	$	100,155	$	(47,668)	$	52,487

Schedule of Expected Future Amortization Expenses Related to the Finite-lived Intangible Assets

Expected future amortization expenses related to the Company’s finite-lived intangible assets as of September 30, 2024 are as follows (in thousands):

Year ending December 31:
Remainder of 2024	$	4,180
2025	15,735
2026	6,700
2027	3,137
2028	1,940
Thereafter	6,051
Total remaining amortization expense	$	37,743