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Goodwill and Acquired Intangible Assets, net (Tables)
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of the Changes in the Carrying Value of Goodwill by Segment

The changes in the carrying value of goodwill by segment are as follows (in thousands):

 

 

 

Proteomics

 

 

Genomics

 

 

Total

 

Balance as of December 31, 2023

 

$

85,798

 

 

$

20,519

 

 

$

106,317

 

Foreign currency translation

 

 

27

 

 

 

(2

)

 

 

25

 

Balance as of September 30, 2024

 

$

85,825

 

 

$

20,517

 

 

$

106,342

 

Schedule of Acquired Intangible Assets

Acquired intangible assets, net consisted of the following (in thousands):

 

 

 

 

 

 

 

September 30, 2024

 

 

December 31, 2023

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

Developed technology

 

$

137,414

 

 

$

(119,081

)

 

$

18,333

 

 

$

117,354

 

 

$

(115,954

)

 

$

1,400

 

Trade name

 

 

2,750

 

 

 

(294

)

 

 

2,456

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

2,750

 

 

 

(172

)

 

 

2,578

 

 

 

 

 

 

 

 

 

 

Acquired intangible assets, net

 

$

142,914

 

 

$

(119,547

)

 

$

23,367

 

 

$

117,354

 

 

$

(115,954

)

 

$

1,400

 

Schedule of Future Expected Amortization Expense of Acquired Intangible Assets, Net

As of September 30, 2024, future expected amortization expense of acquired intangible assets, net was as follows (in thousands):

 

Fiscal Period

 

 

2024 remainder of the year

$

711

 

2025

 

2,844

 

2026

 

2,844

 

2027

 

2,844

 

2028

 

2,844

 

Thereafter

 

11,280

 

Total

$

23,367