XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Intangible Assets Intangible Assets (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Schedule of Finite-lived Intangible Assets | The following table presents details of the Company’s acquired intangible assets as of March 31, 2024 and December 31, 2023 (in thousands, except weighted-average amortization period):
As of March 31, 2024 |  | Weighted-Average Amortization Period |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Finite-lived intangible assets: |  |  |  |  |  |  |  |
Developed technology |  | 8.8 years |  | $ | 83,289 |  |  | $ | (22,020) |  |  | $ | 61,269 |
Customer relationships |  | 15.0 years |  | 6,434 |  |  | (2,895) |  |  | 3,539 |
Trade secrets and processes |  | 20.0 years |  | 5,256 |  |  | (1,643) |  |  | 3,613 |
Total intangible assets |  | 9.6 years |  | $ | 94,979 |  |  | $ | (26,558) |  |  | $ | 68,421 |
As of December 31, 2023 |  | Weighted-Average Amortization Period |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Finite-lived intangible assets: |  |  |  |  |  |  |  |
Developed technology |  | 8.8 years |  | $ | 83,289 |  |  | $ | (19,640) |  |  | $ | 63,649 |
Customer relationships |  | 15.0 years |  | 6,579 |  |  | (2,851) |  |  | 3,728 |
Trade secrets and processes |  | 20.0 years |  | 5,256 |  |  | (1,577) |  |  | 3,679 |
Total intangible assets |  | 9.6 years |  | $ | 95,124 |  |  | $ | (24,068) |  |  | $ | 71,056 |
Finite-lived Intangible Assets Amortization Expense | The following table presents the amortization recorded related to the Company’s finite-lived intangible assets for the three months ended March 31, 2024 and 2023 (in thousands):
|  | Three Months Ended March 31, |  |
|  | 2024 |  | 2023 |  |  |  |
Cost of revenue |  | $ | 66 |  |  | $ | 66 |  |  |  |  |
Sales, general and administrative |  | 2,487 |  |  | 2,486 |  |  |  |  |
Total |  | $ | 2,553 |  |  | $ | 2,552 |  |  |  |  |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration