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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
9. Goodwill and Intangible Assets
Goodwill
There was no change in the carrying amount of goodwill during the year ended December 31, 2025.
The change in the carrying amount of goodwill during the year ended December 31, 2024 was as follows:
(in thousands)
Balance as of December 31, 2023$26,299 
Goodwill acquired15,875 
Balance as of December 31, 2024$42,174 
Acquired Intangible Assets
Acquired intangible assets consisted of the following:
December 31, 2025
Gross carrying
value
Accumulated
amortization
Net carrying
value
Weighted-average remaining useful life (years)
(in thousands, except year data)
Developed technology$47,460 $31,964 $15,496 1.6
Other intangible assets600 600 — — 
Total acquired intangible assets$48,060 $32,564 $15,496 
December 31, 2024
Gross carrying
value
Accumulated
amortization
Net carrying
value
Weighted-average remaining useful life (years)
(in thousands, except year data)
Developed technology$47,460 $22,051 $25,409 2.6
Other intangible assets600 600 — — 
Total acquired intangible assets$48,060 $22,651 $25,409 
Amortization expense was immaterial for the years ended December 31, 2025, 2024, and 2023.
The estimated future amortization expense related to acquired intangible assets as of December 31, 2025 was as follows:
(in thousands)
2026$9,913 
20275,583 
Total$15,496