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Intangible Assets, Net and Goodwill
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net and Goodwill
7. Intangible Assets, Net and Goodwill
 
Intangible Assets, Net
 
Intangible assets consisted of the following as of December 31, 2023:
 
 Gross 
Carrying Value		Accumulated Amortization Net Carrying ValueWeighted-Average Remaining Useful Life
  
 (in thousands)(in years)
Intangible assets subject to amortization:    
Customer relationships$143,083 $(99,363)$43,720 2.8
Patents57,436 (24,763)32,673 5.4
Developed technology22,677 (5,953)16,724 8.3
Total intangible assets subject to amortization$223,196 $(130,079)$93,117  
Intangible assets not subject to amortization: 
Trade name and trademarks$384,699 $— $384,699 Indefinite
Total intangible assets, net$607,895 $(130,079)$477,816  
 
Intangible assets consisted of the following as of December 31, 2022:
 
 Gross
Carrying Value		Accumulated AmortizationNet Carrying ValueWeighted-Average Remaining Useful Life
    
 (in thousands) (in years)
Intangible assets subject to amortization:      
Customer relationships$143,083 $(83,465)$59,618  3.8
Patents52,695 (19,874)32,821  6.2
Developed technology21,381 (5,151)16,230  9.2
Total intangible assets subject to amortization$217,159 $(108,490)$108,669   
Intangible assets not subject to amortization:  
Trade name and trademarks$384,040 $— $384,040  Indefinite
Total intangible assets, net$601,199 $(108,490)$492,709   
 
Amortization expenses for intangible assets were as follows:
 
 Year Ended December 31,
 202320222021
   
 (in thousands)
Research and development$6,884 $6,637 $5,443 
Sales and marketing15,898 15,898 15,898 
Total amortization expenses$22,782 $22,535 $21,341 
 
The expected future amortization expenses related to the intangible assets as of December 31, 2023 were as follows: 

 Amount
 (in thousands)
Years ending December 31, 
2024$24,145 
202523,627 
202619,653 
20276,807 
20284,040 
Thereafter14,845 
Total$93,117 
 
Goodwill
 
The following table represents the changes to goodwill:
 
 Carrying Amount
 (in thousands)
Balance as of December 31, 2022$840,148 
Goodwill related to sale of SharkNinja Co, Ltd. (See Note 4)
(5,739)
Effect of foreign currency translation(206)
Balance as of December 31, 2023$834,203