XML 38 R28.htm IDEA: XBRL DOCUMENT v3.25.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
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 
Schedule of Intangible Assets
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
Schedule of Expected Future Amortization Expense of Intangible Assets
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