Goodwill and Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Value of Goodwill

The change in the carrying amounts of goodwill during the six months ended June 30, 2024 is presented below:

Balance as of December 31, 2023	$	6,181
Goodwill acquired (Note 6)	140,833
Balance as of June 30, 2024	$	147,014

Schedule of Finite-Lived Intangible Assets

The following tables summarize acquired intangible assets as of June 30, 2024:

	June 30, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life
	(amounts in thousands)						(in years)
Developed technology	$	41,196	$	(10,846)	$	30,350	5.9
Customer relationships	69,200		(2,178)		67,022		7.9
Trademarks	700		(48)		652		0.9
Total	$	111,096	$	(13,072)	$	98,024

Finite-lived Intangible Assets Amortization Expense

Amortization of acquired intangible assets is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Cost of revenue	$	350	$	—	$	350	$	158
Sales and marketing	626		46		626		145
Total amortization expense	$	976	$	46	$	976	$	303

Summary of Estimated Future Amortization Expense

As of June 30, 2024, expected future amortization expense related to acquired intangible assets is as follows (in thousands):

Year Ending December 31,	Amortization Expense
2024 (remaining six months)	$	7,184
2025	13,854
2026	13,553
2027	13,553
2028	13,591
Thereafter	36,289
Total future amortization	$	98,024