XML 29 R16.htm IDEA: XBRL DOCUMENT v3.25.1
Goodwill and Intangible Assets, net
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, net Intangible Assets, net
Intangible assets, net consisted of the following (in thousands):
Gross
Carrying
Value (1)
Accumulated
Amortization (1)
Net
Carrying
Value
Weighted Average
Amortization Period
(in Years)
March 31, 2025:
Developed technology$112,648 $(43,892)$68,756 6.6
December 31, 2024: 
Developed technology$111,393 $(38,883)$72,510 6.6
(1)Gross carrying value and accumulated amortization include the impact of cumulative foreign currency translation adjustments.
Amortization expense was $4.7 million and $3.4 million for the three months ended March 31, 2025 and 2024, respectively. As of March 31, 2025, estimated future amortization expense for identifiable intangible assets is as follows (in thousands):
Remainder of 2025$14,235 
202618,980 
202711,344 
20282,717 
20292,717 
Thereafter18,763 
Total$68,756