INTANGIBLE ASSETS, NET

9 Months Ended

Sep. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

INTANGIBLE ASSETS, NET

INTANGIBLE ASSETS, NET

Table 8.1: Details of Intangible Assets, Net
		September 30, 2026						December 31, 2025
	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	$	(2,344)	$	1,286	$	3,630	$	(2,004)	$	1,626
Customer relationship	3	40		(40)		—		40		(40)		—
Software development costs	2 - 5	47,398		(31,046)		16,352		43,411		(23,576)		19,835
Subtotal		51,068		(33,430)		17,638		47,081		(25,620)		21,461
In-process software development costs (1)		10,883		—		10,883		8,820		—		8,820
Total		$	61,951	$	(33,430)	$	28,521	$	55,901	$	(25,620)	$	30,281

(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 the balance sheet date, thus not yet amortized.

Table 8.2: Amortization Expense
	For the Three Months Ended				For the Nine Months Ended
	September 30, 2026		September 30, 2025		September 30, 2026		September 30, 2025
	(in thousands)
Amortization expense related to:
Software development costs – cost of sales (1)	$	2,552	$	2,265	$	7,470	$	5,299
Other intangible assets – general and administrative	113		113		340		340
Total	$	2,665	$	2,378	$	7,810	$	5,639

(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.