GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Movement on Goodwill

The carrying amount of goodwill for the period indicated was as follows:

(in thousands)	Carrying Amount
As of December 31, 2020	$	—
Additions due to business combinations	95,564
As of September 30, 2021	$	95,564

Schedule of Components of Finite-Lived Intangible Assets

The components of intangible assets, net as of September 30, 2021 were as follows:

(in thousands, except years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life - Years
Finite-lived intangible assets
Developed technology	$	22,000	$	(964)	$	21,036	3
Customer relationships	12,000		(158)		11,842		10
Trade names	600		(26)		574		3
Domain names	163		(40)		123		12
Indefinite-lived intangible assets	1,652		—		1,652		N/A
Total	$	36,415	$	(1,188)	$	35,227

Schedule of Components of Indefinite-Lived Intangible Assets

The components of intangible assets, net as of September 30, 2021 were as follows:

(in thousands, except years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life - Years
Finite-lived intangible assets
Developed technology	$	22,000	$	(964)	$	21,036	3
Customer relationships	12,000		(158)		11,842		10
Trade names	600		(26)		574		3
Domain names	163		(40)		123		12
Indefinite-lived intangible assets	1,652		—		1,652		N/A
Total	$	36,415	$	(1,188)	$	35,227

Schedule of Future Amortization Expense in Acquired Intangible Assets

As of September 30, 2021, the estimated future amortization expense of finite-lived intangible assets was as follows:

(in thousands)	Intangible Assets
Remainder of 2021	$	2,210
2022	8,768
2023	8,768
2024	5,890
2025	1,199
Thereafter	6,740
Total	$	33,575