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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Values of Indefinite Lived Intangible Assets
The carrying values of our indefinite lived intangible assets were as follows (in thousands):
 March 31,
2025
December 31,
2024
Goodwill$245,069$240,958
In-process R&D2,1092,026
Procurement contracts and agreements2,0132,013
Schedule of Goodwill by Reportable Segment
Changes in the carrying value of our goodwill, all of which was related to our Medical Devices segment, were as follows (in thousands):
March 31,
2025
Balance as of December 31, 2024$240,958 
Foreign currency translation4,111
Balance as of March 31, 2025$245,069 
Schedule of Gross Carrying Values, Accumulated Amortization, and Approximate Amortization Period of Definite Lived Intangible Assets The major intangible asset classes consist of the following (in thousands, except weighted average useful life):
March 31, 2025Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Weighted Average
Useful Life
(Years)
Acquired technology$199,769$72,239$127,53018.2
Other intangibles:
Customer lists and relationships$28,687$11,980$16,70721.6
Patents4,5083,4761,03217.0
Other12,5995,9436,6565.0
Other intangibles, net$45,794$21,399$24,39511.1
December 31, 2024Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Weighted Average
Useful Life
(Years)
Acquired technology$195,912$67,861$128,05118.3
Other intangibles:
Customer lists and relationships$28,611$11,617$16,99421.6
Distribution and manufacturing rights and know-how9,0339,0335.0
Patents4,4283,46096817.0
Other11,7765,4456,3315.0
Other intangibles, net$53,848$29,555$24,2939.4
Schedule of Amortization Expense
Amortization expense recorded in General, administrative, and marketing expenses in our Condensed Consolidated Statements of Operations and Comprehensive Loss was as follows (in thousands):
Three Months Ended
March 31,
20252024
Amortization expense$3,388 $3,867