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Goodwill and Intangible Assets | 9 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill of $62.6 million and intangible assets of $22.0 million were recorded as a result of the Company's acquisition of Aceyus, Inc. ("Aceyus") in August 2023. See Note 13 for further details. The following table summarizes the activity in the Company's goodwill and intangible asset balances during the nine months ended September 30, 2023 (in thousands):
|  | Goodwill |  | Intangible Assets |  |
Beginning of the period, December 31, 2022 |  | $ | 165,420 |  |  | $ | 28,192 |  |  |
Addition (Aceyus) |  | 61,992 |  |  | 22,150 |  |  |
Amortization |  | — |  |  | (8,873) |  |  |
End of the period, September 30, 2023 |  | $ | 227,412 |  |  | $ | 41,469 |  |  |
The components of intangible assets were as follows (in thousands):
|  | September 30, 2023 |  | December 31, 2022
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Amortization period (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Amortization period (Years)
Developed technology |  | $ | 75,314 |  |  | $ | (37,472) |  |  | $ | 37,842 |  |  | 5.3 |  | $ | 56,214 |  |  | $ | (28,881) |  |  | $ | 27,333 |  |  | 3.2
Acquired workforce |  | 470 |  |  | (470) |  |  | — |  |  | 0.0 |  | 470 |  |  | (470) |  |  | — |  |  | 0.0
Customer relationships |  | 4,150 |  |  | (1,002) |  |  | 3,148 |  |  | 4.3 |  | 1,600 |  |  | (741) |  |  | 859 |  |  | 2.7
Trademarks |  | 1,000 |  |  | (521) |  |  | 479 |  |  | 2.9 |  | 500 |  |  | (500) |  |  | — |  |  | 0.0
Total |  | $ | 80,934 |  |  | $ | (39,465) |  |  | $ | 41,469 |  |  | 5.2 |  | $ | 58,784 |  |  | $ | (30,592) |  |  | $ | 28,192 |  |  | 3.2
Amortization expense related to intangible assets was $3.2 million and $8.9 million for the three and nine months ended September 30, 2023, respectively. Amortization expense related to intangible assets was $2.9 million and $8.8 million for the three and nine months ended September 30, 2022, respectively. As of September 30, 2023, the expected future amortization expense for intangible assets was as follows (in thousands):
Period |  | Expected Future Amortization Expense
Remaining 2023 |  | $ | 3,143 |
2024 |  | 10,591 |
2025 |  | 8,660 |
2026 |  | 7,201 |
2027 |  | 2,898 |
Thereafter |  | 8,976 |
Total |  | $ | 41,469 |

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