The Company’s acquired intangible asset subject to amortization as of the periods presented was as follows (in thousands):


	June 30, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	2,700	$	(1,819)	$	881
Effect of foreign currency translation	(359)		(72)		(431)
Total	$	2,341	$	(1,891)	$	450


	December 31, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	2,700	$	(1,543)	$	1,157
Effect of foreign currency translation	(612)		115		(497)
Total	$	2,088	$	(1,428)	$	660

The intangible asset is amortized on a straight-line basis over its useful life of 4 years. As of June 30, 2025, the intangible asset had a remaining amortization period of approximately 0.8 years.

The amortization expense was included in research and development in the condensed consolidated statements of operations as the acquired technology is used to enhance our existing product capabilities and was not material for the three and six months ended June 30, 2025 and 2024.

The estimated future amortization expense for the intangible asset is as follows (in thousands):