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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following table presents details of our goodwill during the six months ended June 30, 2024 (in thousands):
| Amount
Balance as of December 31, 2023 | $ | 45,338 |
Goodwill acquired | 28,237 |
Foreign currency translation adjustments | (1,330) |
Balance as of June 30, 2024 | $ | 72,245 |
Purchased Intangible Assets The following table presents details of our purchased intangible assets as of June 30, 2024 and December 31, 2023 (in thousands):
| June 30, 2024
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Useful Life (In Years)
Intangible assets with finite lives: |  |  |  |  |  |  |
Developed technology | $ | 35,071 |  |  | $ | (6,043) |  |  | $ | 29,028 |  |  | 5.4
Customer relationships | 5,743 |  |  | (558) |  |  | 5,185 |  |  | 11.2
Trade name / Trademarks | 671 |  |  | (277) |  |  | 394 |  |  | 2.5
Total intangible assets | $ | 41,485 |  |  | $ | (6,878) |  |  | $ | 34,607 |  |  |
| December 31, 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Useful Life (In Years)
Intangible assets with finite lives: |  |  |  |  |  |  |
Developed technology | $ | 25,829 |  |  | $ | (3,997) |  |  | $ | 21,832 |  |  | 5.9
Customer relationships | 4,526 |  |  | (377) |  |  | 4,149 |  |  | 11.9
Trade name / Trademarks | 331 |  |  | (179) |  |  | 152 |  |  | 0.9
Total intangible assets | $ | 30,686 |  |  | $ | (4,553) |  |  | $ | 26,132 |  |  |
We recognized amortization expense of $1.4 million and $1.1 million for the three months ended June 30, 2024 and 2023, respectively, and of $2.5 million and $2.1 million for the six months ended June 30, 2024 and 2023, respectively.

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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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