INTANGIBLE ASSETS, NET (Tables)

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]


Table 8.1: Details of Intangible Assets, Net
		March 31, 2025						December 31, 2024
	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value

	(in years)	(in thousands)
Acquired technology	8	$	3,630	$	(1,663)	$	1,967	$	3,630	$	(1,550)	$	2,080
Customer relationship	3	40		(40)		—		40		(40)		—
Software development costs	2 - 5	31,482		(17,172)		14,310		27,366		(15,761)		11,605
Subtotal		35,152		(18,875)		16,277		31,036		(17,351)		13,685
In-process software development costs (1)		14,879		—		14,879		16,725		—		16,725
Total		$	50,031	$	(18,875)	$	31,156	$	47,761	$	(17,351)	$	30,410


(1) In-process software development costs are costs for software that is not yet available for its intended use or general release to customers as of balance sheet date, thus not yet amortized.

Schedule of Indefinite-Lived Intangible Assets


Table 8.1: Details of Intangible Assets, Net
		March 31, 2025						December 31, 2024
	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value

	(in years)	(in thousands)
Acquired technology	8	$	3,630	$	(1,663)	$	1,967	$	3,630	$	(1,550)	$	2,080
Customer relationship	3	40		(40)		—		40		(40)		—
Software development costs	2 - 5	31,482		(17,172)		14,310		27,366		(15,761)		11,605
Subtotal		35,152		(18,875)		16,277		31,036		(17,351)		13,685
In-process software development costs (1)		14,879		—		14,879		16,725		—		16,725
Total		$	50,031	$	(18,875)	$	31,156	$	47,761	$	(17,351)	$	30,410


(1) In-process software development costs are costs for software that is not yet available for its intended use or general release to customers as of balance sheet date, thus not yet amortized.

Schedule of Amortization Expense


Table 8.2: Amortization Expense
	For the Three Months Ended
	March 31, 2025		March 31, 2024

	(in thousands)
Amortization expense related to:
Software development costs - cost of sales (1)	$	1,411	$	1,158
Software development costs - research and development	—		837
Other intangible assets - general and administrative	113		117
Total	$	1,524	$	2,112

(1) Amortization expense for software development costs related to assets to be sold, leased, or otherwise marketed is charged under cost of sales on the unaudited consolidated statements of operations.