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Intangible Assets and Goodwill | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | Intangible Assets and Goodwill Goodwill The following tables present goodwill information for the three months ended March 31, 2025:
(In thousands) |  | As of December 31, 2024 |  |  |  |  |  |  |  | Adjustment to Goodwill |  |  |  | As of March 31, 2025
Total goodwill |  | $ | 286,812 |  |  |  |  |  |  |  |  | $ | — |  |  |  |  | $ | 286,812 |
Intangible Assets, Net The components of the Company’s intangible assets as of March 31, 2025 and December 31, 2024 were as follows:
|  |  |  | As of March 31, 2025
(In thousands, except useful life) |  | Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  |  |  | Net Carrying Amount
Existing technology |  | 3 to 10 years |  | $ | 288,001 |  |  | $ | (272,654) |  |  |  |  | $ | 15,347 |
Customer contracts and contractual relationships |  | 0.5 to 10 years |  | 37,496 |  |  | (37,496) |  |  |  |  | — |
Non-compete agreements and trademarks |  | 3 years |  | 300 |  |  | (300) |  |  |  |  | — |
Total intangible assets |  |  |  | $ | 325,797 |  |  | $ | (310,450) |  |  |  |  | $ | 15,347 |
|  |  |  | As of December 31, 2024
(In thousands, except useful life) |  | Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Existing technology |  | 3 to 10 years |  | $ | 288,001 |  |  | $ | (270,954) |  |  | $ | 17,047 |
Customer contracts and contractual relationships |  | 0.5 to 10 years |  | 37,496 |  |  | (37,484) |  |  | 12 |
Non-compete agreements and trademarks |  | 3 years |  | 300 |  |  | (300) |  |  | — |
Total intangible assets |  |  |  | $ | 325,797 |  |  | $ | (308,738) |  |  | $ | 17,059 |
Amortization expense for intangible assets for the three months ended March 31, 2025 and 2024 were $1.7 million and $3.3 million, respectively. The estimated future amortization of intangible assets as of March 31, 2025 was as follows (in thousands):
Years Ending December 31: |  | Amount
2025 (remaining nine months) |  | $ | 5,554 |
2026 |  | 5,163 |
2027 |  | 1,917 |
2028 |  | 1,480 |
2029 |  | 1,233 |
Total intangible assets |  | $ | 15,347 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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