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Goodwill and Intangible Assets (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]    
Summary of identifiable intangible assets A summary of the Company’s identifiable intangible assets as of March 31, 2025 and December 31, 2024 is as follows (in thousands):
 
    
March 31, 2025
 
    
Gross
Carrying
Amount
    
Accumulated
Amortization
    
Intangibles,
net
 
Patent rights
   $ 32,630      $ 18,314      $ 14,316  
Acquired technology
     21,940        9,509        12,431  
Acquired licenses
     5,711        1,007        4,704  
Assembled workforce
     500        500        —   
  
 
 
    
 
 
    
 
 
 
Total intangible assets
   $ 60,781      $ 29,330      $ 31,451  
  
 
 
    
 
 
    
 
 
 
 
    
December 31, 2024
 
    
Gross
Carrying
Amount
    
Accumulated
Amortization
    
Intangibles,
net
 
Patent rights
   $ 32,630      $ 17,770      $ 14,860  
Acquired technology
     21,940        9,143        12,797  
Acquired licenses
     5,711        915        4,796  
Assembled workforce
     500        500        —   
  
 
 
    
 
 
    
 
 
 
Total intangible assets
   $ 60,781      $ 28,328      $ 32,453  
  
 
 
    
 
 
    
 
 
 
A summary of the Company’s identifiable intangible assets as of December 31, 2024 and 2023 is as follows (in thousands):
 
    
December 31, 2024
 
    
Gross Carrying
Amount
    
Accumulated
Amortization
    
Intangibles, net
 
Patent rights
   $ 32,630      $ 17,770      $ 14,860  
Acquired technology
     21,940        9,143        12,797  
Acquired licenses
     5,711        915        4,796  
Assembled workforce
     500        500        —   
  
 
 
    
 
 
    
 
 
 
Total intangible assets
   $ 60,781      $ 28,328      $ 32,453  
  
 
 
    
 
 
    
 
 
 
Estimated future amortization expense related to intangible assets
Estimated future amortization expense related to intangible assets as of March 31, 2025 is as follows (in thousands):
 
    
Amount
 
2025 (Remainder of 2025)
   $ 3,004  
2026
     4,006  
2027
     4,006  
2028
     4,006  
2029
     4,006  
Thereafter
     12,423  
  
 
 
 
Total
   $ 31,451  
  
 
 
 
Estimated future amortization expense related to intangible assets as of December 31, 2024 is as follows (in thousands):
 
    
Amount
 
2025
   $ 4,006  
2026
     4,006  
2027
     4,006  
2028
     4,006  
2029
     4,006  
Thereafter
     12,423  
  
 
 
 
Total
   $ 32,453