Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

5. Goodwill and Intangible Assets

The following table details the changes in goodwill during the fiscal years ended December 31, 2025 and 2024 (in thousands):

	Carrying Amount
Balance as of December 31, 2023	$	27,106
Foreign currency translation adjustments	(1,551)
Balance as of December 31, 2024	25,555
Foreign currency translation adjustments	3,256
Balance as of December 31, 2025	$	28,811

Intangible assets, net consisted of the following as of December 31, 2025 and 2024 (in thousands):

	As of December 31,
	2025		2024
Developed technology	$	7,537	$	6,685
Customer relationships	1,010		896
Intangible assets, gross	8,547		7,581
Less: accumulated amortization	(7,301)		(5,341)
Intangible assets, net	$	1,246	$	2,240

Intangible amortization expense was $1.2 million for the year ended December 31, 2025 and $1.5 million for each of the years ended December 31, 2024 and 2023. As of December 31, 2025, the weighted average remaining amortization periods for developed technology and customer relationships were approximately 0.7 years and 5.3 years, respectively.

The following table shows the projected annual amortization expense related to amortizable intangible assets as of December 31, 2025 (in thousands):

	Year Ended December 31,
2026	$	823
2027	101
2028	101
2029	101
2030	74
Thereafter	46
Total projected amortization expense	$	1,246