Intangible Assets, Net

3 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

8. Intangible Assets, Net

Intangible assets consisted of the following as of March 31, 2026:


	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted-Average Remaining Useful Life
	(in thousands)							(in years)
Developed technology	$	89,962	$	(55,645	)	$	34,317		3.1
Customer relationships		4,200		(3,282	)		918		1.3
Total	$	94,162	$	(58,927	)	$	35,235

Intangible assets consisted of the following as of December 31, 2025:


	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted-Average Remaining Useful Life
	(in thousands)							(in years)
Developed technology	$	89,962	$	(51,147	)	$	38,815		3.2
Customer relationships		4,200		(3,107	)		1,093		1.5
Total	$	94,162	$	(54,254	)	$	39,908

Gross carrying amount and accumulated amortization of fully amortized intangibles are removed from the preceding tables. Amortization expenses for intangible assets were $4.7 million and $5.8 million for the three months ended March 31, 2026 and 2025, respectively.

The expected future amortization expenses by year related to the intangible assets as of March 31, 2026 are as follows:


	March 31, 2026
	(in thousands)
Year Ending December 31,
2026 (Remainder)	$	10,301
2027		10,117
2028		9,733
2029		5,084
Total	$	35,235