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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The changes in the carrying amount of goodwill for the years ended December 31, 2024 and December 31, 2023 were as follows (in thousands):
| Year Ended December 31, 2024 |  | Year Ended December 31, 2023
| TASER |  | Software and Sensors |  | Total |  | TASER |  | Software and Sensors |  | Total
Balance, beginning of period | $ | 2,984 |  |  | $ | 54,961 |  |  | $ | 57,945 |  |  | $ | 2,957 |  |  | $ | 42,026 |  |  | $ | 44,983 |
Goodwill acquired | — |  | 701,695 |  |  | 701,695 |  |  | — |  | 12,751 |  |  | 12,751 |
Purchase accounting adjustments | — |  | (479) |  |  | (479) |  |  | — |  | (19) |  |  | (19) |
Foreign currency translation adjustments | (131) |  | (2,192) |  |  | (2,323) |  |  | 27 |  | 203 |  |  | 230 |
Balance, end of period | $ | 2,853 |  |  | $ | 753,985 |  |  | $ | 756,838 |  |  | $ | 2,984 |  |  | $ | 54,961 |  |  | $ | 57,945 |
Schedule of Intangible Assets other than Goodwill | Intangible assets (other than goodwill) consisted of the following at December 31, 2024 and December 31, 2023 (in thousands):
|  |  | December 31, 2024 |  | December 31, 2023
| Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortizable (definite-lived) intangible assets: |  |  |  |  |  |  |  |  |  |
Developed technology | 3 ‑ 8 years |  | $ | 118,322 |  | $ | (21,337) |  | $ | 96,985 |  | $ | 29,402 |  | $ | (16,562) |  |  | $ | 12,840
Customer relationships | 5 ‑ 10 years |  | 33,223 |  | (4,716) |  |  | 28,507 |  | 5,530 |  | (3,620) |  |  | 1,910
Issued trademarks | 3 ‑ 23 years |  | 6,706 |  | (1,784) |  |  | 4,922 |  | 1,333 |  | (817) |  |  | 516
Issued patents | 8 ‑ 26 years |  | 2,931 |  | (1,470) |  |  | 1,461 |  | 3,222 |  | (1,707) |  |  | 1,515
Domain names | 5 ‑ 10 years |  | 3,043 |  | (2,433) |  |  | 610 |  | 3,043 |  | (2,128) |  |  | 915
Non-compete agreements |  |  | — |  | — |  |  | — |  | 448 |  | (448) |  |  | —
Total amortizable |  |  | 164,225 |  | (31,740) |  | 132,485 |  | 42,978 |  | (25,282) |  | 17,696
Non-amortizable (indefinite-lived) intangible assets: |  |  |  |  |  |  |  |  |  |
In-process research and development(1) |  | 41,000 |  | — |  | 41,000 |  | — |  | — |  | —
Trademarks |  |  | 1,068 |  | — |  | 1,068 |  | 1,068 |  | — |  | 1,068
Patents and trademarks pending |  | 604 |  | — |  | 604 |  | 775 |  | — |  | 775
Total non-amortizable |  |  | 42,672 |  | — |  | 42,672 |  | 1,843 |  | — |  | 1,843
Total intangible assets |  |  | $ | 206,897 |  | $ | (31,740) |  | $ | 175,157 |  | $ | 44,821 |  | $ | (25,282) |  | $ | 19,539
(1) Consists of in-process research and development costs pertaining to the acquisition of Dedrone. For additional details, refer to Note 21.
Schedule of Finite-Lived Intangible Assets | Intangible assets (other than goodwill) consisted of the following at December 31, 2024 and December 31, 2023 (in thousands):
|  |  | December 31, 2024 |  | December 31, 2023
| Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortizable (definite-lived) intangible assets: |  |  |  |  |  |  |  |  |  |
Developed technology | 3 ‑ 8 years |  | $ | 118,322 |  | $ | (21,337) |  | $ | 96,985 |  | $ | 29,402 |  | $ | (16,562) |  |  | $ | 12,840
Customer relationships | 5 ‑ 10 years |  | 33,223 |  | (4,716) |  |  | 28,507 |  | 5,530 |  | (3,620) |  |  | 1,910
Issued trademarks | 3 ‑ 23 years |  | 6,706 |  | (1,784) |  |  | 4,922 |  | 1,333 |  | (817) |  |  | 516
Issued patents | 8 ‑ 26 years |  | 2,931 |  | (1,470) |  |  | 1,461 |  | 3,222 |  | (1,707) |  |  | 1,515
Domain names | 5 ‑ 10 years |  | 3,043 |  | (2,433) |  |  | 610 |  | 3,043 |  | (2,128) |  |  | 915
Non-compete agreements |  |  | — |  | — |  |  | — |  | 448 |  | (448) |  |  | —
Total amortizable |  |  | 164,225 |  | (31,740) |  | 132,485 |  | 42,978 |  | (25,282) |  | 17,696
Non-amortizable (indefinite-lived) intangible assets: |  |  |  |  |  |  |  |  |  |
In-process research and development(1) |  | 41,000 |  | — |  | 41,000 |  | — |  | — |  | —
Trademarks |  |  | 1,068 |  | — |  | 1,068 |  | 1,068 |  | — |  | 1,068
Patents and trademarks pending |  | 604 |  | — |  | 604 |  | 775 |  | — |  | 775
Total non-amortizable |  |  | 42,672 |  | — |  | 42,672 |  | 1,843 |  | — |  | 1,843
Total intangible assets |  |  | $ | 206,897 |  | $ | (31,740) |  | $ | 175,157 |  | $ | 44,821 |  | $ | (25,282) |  | $ | 19,539
(1) Consists of in-process research and development costs pertaining to the acquisition of Dedrone. For additional details, refer to Note 21.
Schedule of Estimated Amortization Expense of Intangible Assets | Estimated amortization for intangible assets with definite lives for the next five years ended December 31, and thereafter, is as follows (in thousands):
2025 | $ | 23,850
2026 | 23,655
2027 | 22,423
2028 | 21,437
2029 | 19,203
Thereafter | 21,917
Total | $ | 132,485

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