Intangible Assets

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

Intangible assets consisted of the following (in thousands):

	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Customer relationships	$	67,781	$	(10,229)	$	57,552
Completed technologies	58,373		(25,766)		32,607
Trademarks	810		(337)		473
Non-compete agreements	340		(288)		52
Balance as of December 31, 2024	$	127,304	$	(36,620)	$	90,684
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Customer relationships	$	75,965	$	(5,352)	$	70,613
Completed technologies	62,123		(20,745)		41,378
Trademarks	903		(50)		853
Non-compete agreements	340		(232)		108
Balance as of December 31, 2023	$	139,331	$	(26,379)	$	112,952

The Company did not record impairment charges related to intangible assets in 2024, 2023, or 2022.

Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows (in thousands):

Year Ended December 31,	Amount
2025	$	10,147
2026	9,775
2027	8,850
2028	8,120
2029	8,120
Thereafter	45,672
	$	90,684