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Goodwill and Intangible Assets, net | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, net | 5. Goodwill and Acquired Intangible Assets, net The changes in the carrying value of goodwill by segment are as follows (in thousands):
|  | Proteomics |  |  | Genomics |  |  | Total |
Balance as of December 31, 2021 |  | $ | 85,855 |  |  | $ | 20,524 |  |  | $ | 106,379 |
Foreign currency translation |  |  | (103 | ) |  |  | (25 | ) |  |  | (128 | )
Balance as of December 31, 2022 |  |  | 85,752 |  |  |  | 20,499 |  |  |  | 106,251 |
Foreign currency translation |  |  | 46 |  |  |  | 20 |  |  |  | 66 |
Balance as of December 31, 2023 |  |  | 85,798 |  |  |  | 20,519 |  |  |  | 106,317 |
Acquisition of Sengenics |  |  | 5,110 |  |  |  | — |  |  |  | 5,110 |
Foreign currency translation |  |  | (105 | ) |  |  | (25 | ) |  |  | (130 | )
Balance as of December 31, 2024 |  | $ | 90,803 |  |  | $ | 20,494 |  |  | $ | 111,297 |
Acquired intangible assets, net, consisted of the following (in thousands):
|  | December 31, 2024 |  |  | December 31, 2023 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net |
Developed technology |  | $ | 142,839 |  |  | $ | (119,333 | ) |  | $ | 23,506 |  |  | $ | 117,354 |  |  | $ | (115,954 | ) |  | $ | 1,400 |
Trade name |  |  | 3,250 |  |  |  | (401 | ) |  |  | 2,849 |  |  |  | — |  |  |  | — |  |  |  | — |
Customer relationships |  |  | 2,850 |  |  |  | (251 | ) |  |  | 2,599 |  |  |  | — |  |  |  | — |  |  |  | — |
Acquired intangible assets, net |  | $ | 148,939 |  |  | $ | (119,985 | ) |  | $ | 28,954 |  |  | $ | 117,354 |  |  | $ | (115,954 | ) |  | $ | 1,400 |
Total amortization expense of the Company's acquired intangible assets was $4.3 million, $11.2 million, and $11.5 million for the years ended December 31, 2024, 2023, and 2022, respectively. There were no indicators of impairment of long-lived assets or acquired intangible assets during the year ended December 31, 2024. During the second quarter of 2022, the Company discontinued the sale of products that utilized the developed technology acquired from InstruNor and recorded a $3.5 million impairment charge to write-off the unamortized portion of the related acquired intangible asset. As of December 31, 2024, future expected amortization expense of acquired intangible assets, net was as follows (in thousands):
Fiscal Period |  |
2025 | $ | 3,589 |
2026 |  | 3,589 |
2027 |  | 3,589 |
2028 |  | 3,589 |
2029 |  | 3,589 |
Thereafter |  | 11,009 |
Total | $ | 28,954 |

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