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Goodwill and Acquired Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets

Acquired intangible assets consisted of the following (in thousands):

 

 

 

 

 

March 31, 2025

 

 

 

Weighted Average Useful Life

 

 

Gross Amount

 

 

Accumulated
Amortization

 

 

Carrying Value

 

 

 

(in years)

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

9.0

 

 

$

6,600

 

 

$

(3,629

)

 

$

2,971

 

Developed technology

 

 

3.0

 

 

 

1,700

 

 

 

(1,700

)

 

 

 

 

 

 

 

$

8,300

 

 

$

(5,329

)

 

$

2,971

 

 

 

 

 

 

 

December 31, 2024

 

 

Weighted Average Useful Life

 

 

Gross Amount

 

 

Accumulated Amortization

 

 

Carrying Value

 

 

 

(in years)

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

9.0

 

 

$

6,600

 

 

$

(3,348

)

 

$

3,252

 

Developed technology

 

 

3.0

 

 

 

1,700

 

 

 

(1,700

)

 

 

 

 

 

 

 

$

8,300

 

 

$

(5,048

)

 

$

3,252

 

Summary of Future Amortization Expense of the Intangible Assets Future amortization expense of the remaining intangible assets as of March 31, 2025 is expected to be as follows (in thousands):

 

Year Ending December 31,

 

 

 

2025 (remaining nine months)

 

$

845

 

2026

 

 

970

 

2027

 

 

970

 

2028

 

 

186

 

 

$

2,971