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Goodwill and Intangible Assets
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill of $61.8 million and intangible assets of $22.1 million were recognized 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 six months ended June 30, 2024 (in thousands):
GoodwillIntangible Assets
Beginning of the period, December 31, 2023$227,412 $38,323 
  Measurement period adjustment (Aceyus)(143)— 
  Amortization— (5,296)
End of the period, June 30, 2024$227,269 $33,027 
The components of intangible assets were as follows (in thousands):
June 30, 2024December 31, 2023
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Amortization period (Years)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Amortization period (Years)
Developed technology$75,314 $(45,124)$30,190 5.0$75,314 $(40,327)$34,987 5.2
Acquired workforce470 (470)— 0.0470 (470)— 0.0
Customer relationships4,150 (1,667)2,483 3.74,150 (1,252)2,898 4.1
Trademarks500 (146)354 2.11,000 (562)438 2.6
Total$80,434 $(47,407)$33,027 4.8$80,934 $(42,611)$38,323 5.1
Amortization expense related to intangible assets was $2.6 million and $5.3 million for the three and six months ended June 30, 2024, respectively. Amortization expense related to intangible assets was $2.8 million and $5.7 million for the three and six months ended June 30, 2023, respectively.
As of June 30, 2024, the expected future amortization expense for intangible assets was as follows (in thousands):
PeriodExpected Future Amortization Expense
Remaining 2024$5,295 
20258,660 
20267,201 
20272,898 
20282,706 
Thereafter6,267 
Total$33,027