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Goodwill and Intangible Assets, Net
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Intangible assets, net consisted of the following:
September 30, 2025
Gross Carrying AmountAccumulated
Amortization
Net
Carrying
Amount
Weighted-average remaining useful life
Assembled workforce in asset acquisitions$725 $(205)$520 2.2
Licenses, domain names and other474 (286)188 1.5
Customer relationships1,000 (226)774 1.5
Developed technology18,954 (4,392)14,562 1.6
Total intangible assets$21,153 $(5,109)$16,044 
December 31, 2024
Gross Carrying AmountAccumulated
Amortization
Net
Carrying
Amount
Weighted-average remaining useful life
Assembled workforce in asset acquisitions$725 $(24)$701 2.9
Licenses, domain names and other474 (170)304 2.2
Developed technology1,810 (304)1,506 2.5
Total intangible assets$3,009 $(498)$2,511 
Amortization expense was not material for each of the three and nine months ended September 30, 2025 and 2024.
As of September 30, 2025, future amortization expense by year is expected to be as follows:
Amount
2025$3,489 
20268,778 
20273,074 
2028703 
Total
$16,044 
Goodwill represents the excess of the purchase price in a business combination over the fair value of net assets acquired. The changes in the carrying amounts of goodwill were as follows:
December 31, 2024$11,398 
Additions during the period (Note 6)
13,143 
September 30, 2025$24,541 
Goodwill is not amortized, but rather is tested for impairment at least annually in the fourth quarter or more frequently if events or changes in circumstances would more likely than not reduce the fair value of its single reporting unit below its carrying value. The Company did not recognize any impairment of goodwill for the three or nine months ended September 30, 2025 and 2024, respectively.