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INTANGIBLE ASSETS, NET (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Components of Intangible Assets, Net

The following table shows the components of intangible assets, net (in thousands):

 

 

June 30, 2025

 

 

December 31, 2024

 

Trade name

 

$

4,048

 

 

$

3,184

 

Developed technology

 

 

16,100

 

 

 

15,438

 

Customer relationships

 

 

24,313

 

 

 

21,081

 

Patents

 

 

13

 

 

 

11

 

Total intangible assets

 

 

44,474

 

 

 

39,714

 

Less: accumulated amortization

 

 

(3,808

)

 

 

(2,482

)

Intangible assets, net

 

$

40,666

 

 

$

37,232

 
Schedule of Estimated Future Amortization Expense Estimated future amortization expense for the next five years is as follows:

 

2026

 

$

2,531

 

2027

 

$

2,531

 

2028

 

$

2,531

 

2029

 

$

2,531

 

2030

 

$

2,531

 

Thereafter

 

$

28,011

 

Total

 

$

40,666