Goodwill and Intangible Assets, net (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying value of goodwill for the year ended December 31, 2024 is as follows (in thousands):

December 31, 2023	$	125,818
Foreign currency translation impact	(2,319)
December 31, 2024	$	123,499

Schedule of Intangible Assets

The gross carrying amount and accumulated amortization of the Company’s intangible assets, net, as of December 31, 2024 were as follows:

(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Estimated Useful Life (Years)
Developed technology	$	91,629	$	(74,655)	$	16,974	3 - 10
Capitalized software	22,983		(8,027)		14,956		3 - 5
Customer relationships	17,569		(13,696)		3,873		5 - 10
Trademarks	11,674		(6,189)		5,485		15
Non-compete agreement	5,814		(2,605)		3,209		3
Patents	3,781		(766)		3,015		3 - 19
Total intangible assets	$	153,450	$	(105,938)	$	47,512

The gross carrying amount and accumulated amortization of the Company’s intangible assets, net, as of December 31, 2023 were as follows:

(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Estimated Useful Life (Years)
Developed technology	$	91,629	$	(64,453)	$	27,176	3 - 10
Capitalized software	18,423		(4,078)		14,345		3 - 5
Customer relationships	18,809		(11,317)		7,492		5 - 10
Trademarks	11,521		(5,367)		6,154		15
Non-compete agreement	5,878		(1,530)		4,348		3
Patents	3,132		(524)		2,608		3 - 19
Total intangible assets	$	149,392	$	(87,269)	$	62,123

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated future amortization expense for the next five years is as follows:

(in thousands)	Amortization Expense
2025	$	11,007
2026	9,907
2027	7,737
2028	5,456
2029	4,126
Thereafter	9,279
	$	47,512