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Goodwill and Intangible Assets | 3 Months Ended
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Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 4. Goodwill and Intangible Assets The change in the carrying value of the Company’s goodwill balance during the three months ended March 31, 2026 was as follows:
(In thousands) |
Goodwill at January 1, 2026 (1) | $ | 280,991 |
Foreign currency translation | (5,079) |
Goodwill at March 31, 2026 (1) | $ | 275,912 |
________________ (1)Goodwill is net of accumulated impairment charges of $352.1 million related to a recognized non‑cash goodwill impairment charge during the fourth quarter of 2025 as a result of a sustained decrease in the Company’s stock price and related decline in market capitalization. The Company did not identify any triggering events or record any goodwill impairment charges during the three months ended March 31, 2026. The gross carrying amount and accumulated amortization of the Company’s intangible assets are as follows:
| March 31, 2026
| Weighted Average Amortization Period |  | Gross Value |  | Accumulated Amortization |  | Net Carrying Value
|  |  | (In thousands)
Developed technology | 5.0 years |  | $ | 90,028 |  |  | $ | (27,306) |  |  | $ | 62,722 |
Customer relationships | 10.4 years |  | 260,668 |  |  | (36,075) |  |  | 224,593 |
Publisher relationships | 8.0 years |  | 63,658 |  |  | (16,508) |  |  | 47,150 |
Trade names | 11.0 years |  | 26,928 |  |  | (4,134) |  |  | 22,794 |
Other | 15.8 years |  | 905 |  |  | (383) |  |  | 522 |
Total intangible assets, net |  |  | $ | 442,187 |  |  | $ | (84,406) |  |  | $ | 357,781 |
| December 31, 2025
| Weighted Average Amortization Period |  | Gross Value |  | Accumulated Amortization |  | Net Carrying Value
|  |  | (In thousands)
Developed technology | 5.0 years |  | $ | 91,699 |  |  | $ | (23,585) |  |  | $ | 68,114 |
Customer relationships | 10.3 years |  | 264,455 |  |  | (29,975) |  |  | 234,480 |
Publisher relationships | 8.0 years |  | 64,632 |  |  | (15,075) |  |  | 49,557 |
Trade names | 11.0 years |  | 27,480 |  |  | (3,588) |  |  | 23,892 |
Other | 15.8 years |  | 905 |  |  | (370) |  |  | 535 |
Total intangible assets, net |  |  | $ | 449,171 |  |  | $ | (72,593) |  |  | $ | 376,578 |
During the three months ended March 31, 2025, in connection with the post-Acquisition integration of the Legacy Teads business, the Company made a decision to discontinue its video product offering associated with its prior acquisition of video intelligence AG. Accordingly, the Company fully wrote off the associated intangible assets, as detailed below:
|  | Three Months Ended March 31, 2025
Developed technology |  | $ | 5,950 |
Customer relationships |  | 259 |
Publisher relationships |  | 6,426 |
Trade names |  | 2,373 |
Content provider relationships |  | 100 |
Impairment charge |  | $ | 15,108 |
As of March 31, 2026, estimated amortization related to the Company’s identifiable Acquisition-related intangible assets in future periods was as follows:
|  | Amount
|  | (In thousands)
Remainder of 2026 |  | $ | 39,384 |
2027 |  | 52,116 |
2028 |  | 52,064 |
2029 |  | 52,064 |
2030 |  | 37,208 |
Thereafter |  | 124,945 |
Total |  | $ | 357,781 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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