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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
On October 29, 2020, the Company completed the acquisition of the share capital of Polyrize, a provider of software that maps and analyzes relationships between users and data across a number of cloud applications and services.

Goodwill

Goodwill represents the excess of the purchase price over the identifiable tangible and intangible assets acquired less liabilities assumed arising from business combinations. The Company believes the goodwill represents the synergies expected from expanded market opportunities when integrating with its offerings.

All goodwill balances are subject to annual goodwill impairment testing. As of December 31, 2024, the Company concluded that no impairment for goodwill was required. Additionally, there were no additions or any other changes to the carrying amount of goodwill during the years ended December 31, 2024 and 2023.

Intangible Assets

Intangible assets are expensed on a straight-line basis over the useful life of the asset. The Company recorded amortization expense of $1,263, $1,525 and $1,525 for the years ended December 31, 2024, 2023 and 2022, respectively. As of December 31, 2024, all of the Company's intangible assets were fully amortized.