Acquisitions, Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed

Cash consideration, net of cash acquired, was preliminarily allocated as follows:

(in thousands)	Apex		Vulcan
Accounts receivable	$	62	$	2,158
Intangible assets	6,800		40,000
Goodwill	41,288		115,189
Deferred revenue	(34)		(7,695)
Other liabilities, net	(333)		(1,107)
Total purchase price	$	47,783	$	148,545

Schedule of Acquisition-Related Expenses

Acquisition-related expenses are included in our consolidated statements of operations as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2025		2024		2025		2024
Sales and marketing	$	258	$	49	$	1,312	$	49
Research and development	532		—		1,771		(20)
General and administrative	1,291		714		3,619		895
Total acquisition-related expenses	$	2,081	$	763	$	6,702	$	924

Schedule of Goodwill

The changes in the carrying amount of goodwill are as follows:

(in thousands)
Balance at December 31, 2024	$	541,292
Acquired goodwill	156,477
Balance at June 30, 2025	$	697,769

Schedule of Acquired Intangible Assets Subject to Amortization

Acquired intangible assets subject to amortization are as follows:

	June 30, 2025						December 31, 2024
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Acquired technology	$	196,237	$	(67,377)	$	128,860	$	149,437	$	(54,976)	$	94,461
Trade name	490		(490)		—		490		(490)		—
	$	196,727	$	(67,867)	$	128,860	$	149,927	$	(55,466)	$	94,461

Schedule of Future Amortization of Intangible Assets

At June 30, 2025, estimated future amortization of acquired intangible assets is as follows:

(in thousands)
Year ending December 31,
2025(1)	$	13,565
2026	26,944
2027	24,915
2028	21,872
2029	18,252
Thereafter	23,312
Total	$	128,860

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(1)    Represents the six months ending December 31, 2025.