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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table details the changes in goodwill during the nine months ended September 30, 2023 and fiscal year ended December 31, 2022 (in thousands):

Carrying Amount
Balance as of December 31, 2021
$27,795 
Foreign currency translation adjustments(1,446)
Balance as of December 31, 2022
26,349 
Foreign currency translation adjustments(358)
Balance as of September 30, 2023
$25,991 
Schedule of Finite-Lived Intangible Assets
Intangible assets, net consisted of the following as of September 30, 2023 and December 31, 2022 (in thousands):

As of
September 30, 2023December 31, 2022
Developed technology$6,799 $6,893 
Customer relationships - Process mining and RPA
911 1,073 
Intangible assets, gross7,710 7,966 
Less: accumulated amortization(3,618)(2,715)
Intangible assets, net$4,092 $5,251 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table shows the projected annual amortization expense related to amortizable intangible assets as of September 30, 2023 (in thousands):

Projected Amortization
2023 (excluding the nine months ended September 30, 2023)
$363 
20241,451 
20251,154 
2026743 
202791 
Thereafter290 
Total projected amortization expense$4,092