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Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The Company’s intangible assets as of June 30, 2025 and December 31, 2024 included the following:
June 30, 2025December 31, 2024
(in thousands)
Amortizable intangible assets:
Developed technology$109,736 $109,736 
Customer relationships— 37,300 
In-process research and development8,830 8,830 
Other intangible assets
1,332 1,332 
Total identifiable intangible assets, gross119,898 157,198 
Accumulated amortization—intangible assets:
Developed technology(100,351)(93,941)
Customer relationships— (34,192)
In-process research and development(7,604)(6,856)
Other intangible assets
(907)(900)
Total accumulated amortization—intangible assets(108,862)(135,889)
Total intangible assets, net
$11,036 $21,309 
Amortization of intangible assets for the three months ended June 30, 2025 and 2024 was $2.9 million and $7.6 million, respectively, and $10.3 million and $15.2 million for the six months ended June 30, 2025 and 2024, respectively. For the three months ended June 30, 2025, the Company wrote off fully amortized intangible assets with a historical cost of $37.3 million.
The estimated remaining amortization expense associated with the Company's intangible assets was as follows as of June 30, 2025:
Fiscal YearAmount
(in thousands)
Remaining 2025$4,201 
20266,045 
2027474 
202843 
202943 
Thereafter230 
Total$11,036