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Goodwill and Intangible Assets
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The following table summarizes the changes to goodwill (in thousands):
Amount
Balance at January 1, 2025$19,544 
Additions810,435 
Balance at September 30, 2025$829,979 
There were no impairment charges recorded to goodwill for any of the periods presented.
Intangible Assets, Net
Intangible assets, net consisted of the following (dollars in thousands):
September 30, 2025December 31, 2024
Weighted-Average Remaining Useful Lives (in years)Acquired
Intangibles,
Gross 		Accumulated
Amortization 		Acquired
Intangibles,
Net 		Acquired
Intangibles,
Gross 		Accumulated
Amortization 		Acquired
Intangibles,
Net
Acquired technologies5$170,868 $(17,453)$153,415 $5,453 $(3,611)$1,842 
Other (1)
1049,697 (3,111)46,586 3,897 (830)3,067 
Total$220,565 $(20,564)$200,001 $9,350 $(4,441)$4,909 
(1) Includes customer relationships and trade names.
Amortization expenses for intangible assets were $10 million and $1 million for the three months ended September 30, 2025 and 2024, respectively, and $17 million and $2 million for the nine months ended September 30, 2025 and 2024, respectively.
As of September 30, 2025, the expected future amortization expense related to intangible assets was as follows (in thousands):
Years Ending December 31,Amount
Remaining portion of 2025$9,652 
202636,987 
202736,973 
202836,805 
202936,792 
Thereafter42,792 
Total expected future amortization expense$200,001