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GOODWILL AND INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The Company’s goodwill as of December 31, 2024 and 2023 was as follows:
GoodwillDecember 31,
2024		December 31,
2023
(In thousands)
Goodwill, beginning of period$214,562 $213,559 
Currency translation adjustment(2,991)1,003 
Goodwill, end of period$211,571 $214,562 
The Company’s purchased intangible assets as of December 31, 2024 and December 31, 2023 were as follows:
December 31, 2024December 31, 2023
GrossAccumulated AmortizationImpairmentNetGrossAccumulated AmortizationImpairmentNet
(In thousands)
Intangible assets:
Indefinite-lived intangibles$286 $— $— $286 $286 $— $— $286 
Intangible assets with finite lives:
 Developed technology51,054 (35,903)(3,351)11,800 51,044 (27,093)— 23,951 
 Customer relationships51,306 (35,804)(177)15,325 55,106 (29,527)(3,807)21,772 
 Trade names37,700 (22,713)— 14,987 37,700 (15,173)— 22,527 
Total purchased intangible assets$140,346 $(94,420)$(3,528)$42,398 $144,136 $(71,793)$(3,807)$68,536 
During the year ended December 31, 2024, intangible assets decreased by less than $0.1 million due to the impact of foreign currency translation.
Amortization expense related to finite-lived intangible assets were as follows:
Years Ended December 31,
20242023
(In thousands)
Developed technology$8,780 $9,832 
Customer relationships
6,254 9,826 
Trade-names7,540 7,540 
Total amortization expense
$22,574 $27,198 
Amortization of developed technology is recorded to cost of revenues, amortization of customer relationships and trade-names are recorded to sales and marketing expense, and amortization of certain customer relationships is recorded as a reduction to revenue.
The expected future amortization expense of intangible assets as of December 31, 2024 is presented below:
December 31,
2024
(In thousands)
Fiscal year:
2025$19,960 
202617,771 
20274,381 
2028— 
Total$42,112 
During the years ended December 31, 2024 and 2023, the Company determined that a triggering event had occurred as a result of changes to the Company’s long-term projections and performed additional analysis on the valuation of the certain acquired intangible assets and concluded that the fair value was below its carrying amount. Accordingly, the Company recorded a $3.5 million impairment charge for the developed technology and customer relationships for the year ended December 31, 2024 and $3.8 million of impairment for customer relationship for the year ended December 31, 2023, in “Restructuring and asset impairment charges” in the consolidated statements of operations.