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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The following table summarizes the activity in the Company's goodwill and intangible asset balances during the three months ended March 31, 2025 (in thousands):
GoodwillIntangible Assets
Beginning of the period, December 31, 2024$365,436 $65,632 
  Measurement period adjustment (Acqueon)1,262 — 
  Amortization— (4,100)
End of the period, March 31, 2025$366,698 $61,532 
The components of intangible assets were as follows (in thousands):
March 31, 2025December 31, 2024
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Amortization period (Years)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Amortization period (Years)
Developed technology$105,714 $(54,578)$51,136 6.0$105,714 $(51,230)$54,484 6.0
Acquired workforce470 (470)— 0.0470 (470)— 0.0
Customer relationships12,850 (3,324)9,526 4.212,850 (2,681)10,169 4.4
Trademarks1,300 (430)870 2.11,300 (321)979 2.4
Total$120,334 $(58,802)$61,532 5.6$120,334 $(54,702)$65,632 5.7
Amortization expense related to intangible assets was $4.1 million and $2.6 million for the three months ended March 31, 2025 and 2024, respectively.
As of March 31, 2025, the expected future amortization expense for intangible assets was as follows (in thousands):
PeriodExpected Future Amortization Expense
Remaining 2025$10,367 
202613,008 
20278,612 
20288,246 
20297,328 
Thereafter13,971 
Total$61,532