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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets The following table presents our goodwill balances (in thousands):
| Years Ended December 31,
| 2023 |  | 2022
Beginning balance | $ | 615,093 |  |  | $ | 289,763 |
Additions due to acquisition | — |  |  | 367,376 |
Foreign currency translation adjustment | 16,902 |  |  | (42,907) |
Measurement period adjustments related to prior acquisition | — |  |  | 861 |
Ending balance | $ | 631,995 |  |  | $ | 615,093 |
Based on our evaluation of qualitative factors considered for our goodwill impairment test performed in 2023, we determined a quantitative assessment was necessary and concluded that the fair value of our single reporting unit exceeded the carrying value. As a result, we did not recognize a goodwill impairment charge during the year ended December 31, 2023. We have not recognized any goodwill impairment charges since our inception. The following table presents our intangible assets balances as of December 31, 2023 and December 31, 2022 (in thousands, except weighted-average amortization period):
| December 31, 2023
| Weighted-Average Amortization Period (in months) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Foreign Currency Translation Adjustment |  | Net Carrying Amount
Developed technologies | 80 |  | $ | 106,703 |  |  | $ | (55,651) |  |  | $ | (3,757) |  |  | $ | 47,295 |
Content libraries | 60 |  | 12,230 |  |  | (11,189) |  |  | — |  |  | 1,041 |
Customer lists | 35 |  | 34,190 |  |  | (31,836) |  |  | (1,298) |  |  | 1,056 |
Trade and domain names | 52 |  | 16,213 |  |  | (12,817) |  |  | (358) |  |  | 3,038 |
Total intangible assets | 67 |  | $ | 169,336 |  |  | $ | (111,493) |  |  | $ | (5,413) |  |  | $ | 52,430 |
| December 31, 2022
| Weighted-Average Amortization Period (in months) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Foreign Currency Translation Adjustment |  | Net Carrying Amount
Developed technologies | 80 |  | $ | 106,703 |  |  | $ | (44,410) |  |  | $ | (5,751) |  |  | $ | 56,542 |
Content libraries | 60 |  | 12,230 |  |  | (9,279) |  |  | — |  |  | 2,951 |
Customer lists | 35 |  | 34,190 |  |  | (22,074) |  |  | (1,318) |  |  | 10,798 |
Trade and domain names | 52 |  | 16,213 |  |  | (11,225) |  |  | (546) |  |  | 4,442 |
Indefinite-lived trade name | — |  |  | 3,600 |  |  | — |  |  | — |  |  | 3,600 |
Total intangible assets | 67 |  | $ | 172,936 |  |  | $ | (86,988) |  |  | $ | (7,615) |  |  | $ | 78,333 |
During the years ended December 31, 2023, 2022 and 2021, amortization expense related to our intangible assets totaled approximately $24.4 million, $25.9 million and $13.7 million, respectively. During the year ended December 31, 2023, we recognized an impairment charge on our indefinite-lived intangible asset of $3.6 million. For further information, see “Note 6, Property and Equipment, Net.” We did not recognize any impairment charges on any of our other intangible assets during the years ended December 31, 2023, 2022 and 2021. The following table presents the estimated future amortization expense related to our intangible assets as of December 31, 2023 (in thousands):
| December 31, 2023
2024 | $ | 13,637 |
2025 | 11,532 |
2026 | 11,185 |
2027 | 9,029 |
2028 | 6,954 |
Thereafter | 93 |
Total | $ | 52,430 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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