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Intangible Assets and Goodwill
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
The following table presents the components of net intangible assets (in thousands):
As of June 30, 2026As of December 31, 2025
Weighted Average Useful Life (Years)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired technology4.6$27,784 $(19,422)$8,362 $27,010 $(17,565)$9,445 
Acquired customer-related9.817,165 (7,135)10,030 17,663 (6,435)11,228 
Acquired trade names5.0715 (608)107 738 (553)185 
Patents and perpetual licenses
8.43,782 (2,435)1,347 3,731 (2,319)1,412 
Total6.7$49,446 $(29,600)$19,846 $49,142 $(26,872)$22,270 
In the first quarter of the subsequent annual period in which an intangible asset becomes fully amortized, the gross carrying amount and accumulated amortization are removed from the preceding table.
Amortization expense related to intangible assets was $1.6 million and $2.0 million for the three months ended June 30, 2026 and 2025, respectively, and $3.2 million and $3.9 million for the six months ended June 30, 2026 and 2025, respectively.
As of June 30, 2026, expected remaining amortization expense of intangible assets by fiscal year is as follows (in thousands):
Remainder of 2026$3,227 
20275,096 
20284,198 
20292,954 
20301,937 
Thereafter2,434 
Total expected amortization expense$19,846 
The changes in the carrying amount of goodwill were as follows (in thousands):
Balance at December 31, 2025$206,164 
Foreign currency translation adjustments(2,565)
Balance at June 30, 2026$203,599 
Asset Acquisition
On March 9, 2026, we acquired a company with deep expertise in data automation. The acquisition was not material to the consolidated financial statements.