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INTANGIBLE ASSETS, NET
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET INTANGIBLE ASSETS, NET
Table 7.1: Details of Intangible Assets, Net
Estimated useful lifeAs of December 31, 2025As of December 31, 2024
Gross Carrying AmountAccumulated AmortizationNet Carrying ValueGross Carrying AmountAccumulated AmortizationNet Carrying Value
(in thousands)
Acquired technology8 years$3,630 $(2,004)$1,626 $3,630 $(1,550)$2,080 
Customer relationships3 years40 (40)— 40 (40)— 
Software development costs
2 - 5 years
43,411 (23,576)19,835 27,366 (15,761)11,605 
Subtotal47,081 (25,620)21,461 31,036 (17,351)13,685 
In-process software development costs (1)
8,820 — 8,820 16,725 — 16,725 
Total$55,901 $(25,620)$30,281 $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.
In 2024, there were selected capital software projects for which the Company decided to discontinue the development and/or sale of all or part of certain solutions and certain projects that the Company ceased use before the end of its useful life. As a result of the Company's decision to abandon the associated software, the Company wrote off $11.7 million of the previously capitalized software costs, of which $5.3 million was recorded as "Impairment loss on intangible assets" under cost of sales within the Security Solutions segment, and $6.4 million was recorded as "Impairment loss on intangible assets" under operating expenses in the Company's consolidated statements of operations during the fiscal year ended December 31, 2024. No similar impairment charge was recorded on software development costs during the fiscal year ended December 31, 2025.
The Company did not recognize any impairment charges on other intangible assets for the periods presented.
Table 7.2: Amortization Expense
For the year ended December 31,
20252024
(in thousands)
Amortization expense related to:
Software development costs - cost of sales (1)
$7,814 $6,015 
Software development costs - research and development— 2,286 
Other intangible assets - general and administrative454 461 
Total$8,268 $8,762 
(1) Amortization expense for software development costs related to assets to be sold, leased, or otherwise marketed are charged under cost of sales on the consolidated statements of operations.
Table 7.3: Estimated Future Amortization Expense of Intangible Assets, Net
As of December 31, 2025
(in thousands)
Year Ending December 31, 2026$9,277 
Year Ending December 31, 20276,669 
Year Ending December 31, 20283,208 
Year Ending December 31, 20291,793 
Year Ending December 31, 2030514 
Thereafter— 
Total (1)
$21,461 
(1) This does not include amortization of in-process software development costs, as estimation of the timing of future amortization expenses would be impractical.
Actual amortization expense in future periods could differ from these estimates as a result of impairments, future releases, future acquisitions, divestitures, and other factors.