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Goodwill and Intangible Assets
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
 
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.

The change in the carrying amount of goodwill during the nine months ended September 30, 2026 is related to the AllTrue.ai and SlashNext acquisitions. For additional information regarding the acquisitions, see Note 4, "Business Combinations."

The following table reflects goodwill activity for the nine months ended September 30, 2026 (in thousands):
Amount
(unaudited)
Balance at December 31, 2025
$135,276 
Goodwill acquired79,806 
Balance at September 30, 2026
$215,082 

Intangible Assets, net

The total cost and amortization of the Company's intangible assets for the period ended September 30, 2026 is comprised of the following (in thousands):

September 30, 2026
(unaudited)
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Developed technology$58,471 $(7,919)$50,552 
Customer relationship4,136 (1,107)3,029 
Non-compete40 (21)19 
Total$62,647 $(9,047)$53,600 

Intangible assets are expensed on a straight-line basis over the useful life of the asset. The Company recorded amortization expense of $3,306 and $7,994 for the three and nine months ended September 30, 2026, respectively. During the three and nine months ended September 30, 2025, the Company recorded amortization expense of $312 and $508, respectively.

The following table summarizes estimated future amortization expense of the Company's intangible assets as of September 30, 2026 (in thousands):

Amount
Years ending December 31,(unaudited)
2026$2,716 
202711,088 
202811,078 
202911,075 
203011,075 
Thereafter6,568 
Total future amortization expense$53,600