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Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents the changes to goodwill included in the condensed consolidated balance sheets:
June 30,December 31,
$ in thousands20252024
Balance at the beginning of the period$359,847 $423,920 
Impairment(359,847)— 
Measurement adjustments— (64,073)
Balance at the end of the period$— $359,847 
Schedule of Finite-Lived Intangible Assets
The following tables summarize the Company’s definite-lived intangible assets included in the condensed consolidated balance sheets:
June 30,December 31,
20252024
$ in thousandsGross AmountAccumulated AmortizationNet AmountGross AmountAccumulated AmortizationNet Amount
Developed technology$1,345,000 $(138,610)$1,206,390 $1,345,000 $(104,985)$1,240,015 
Software(1)
2,179 (274)1,905 1,407 (79)1,328 
Total definite-lived intangible assets$1,347,179 $(138,884)$1,208,295 $1,346,407 $(105,064)$1,241,343 
___________
(1) Software includes $0.3 million and $0.6 million related to software work-in-progress as of June 30, 2025 and December 31, 2024.
Finite-Lived Intangible Assets Amortization Expense
The following table presents the Company’s amortization expense for the following periods:
Three Months Ended June 30,Six Months Ended June 30,
$ in thousands2025202420252024
Amortization expense
$16,974 $16,828 $33,847 $33,640 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The following table presents estimated amortization expense for the next five years and thereafter (in thousands):
Remaining 2025$33,857 
202667,715 
202767,715 
202867,715 
202967,542 
2030 and thereafter903,751 
Total$1,208,295