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Intangible Assets, net
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, net Intangible Assets, net
The following table reflects the changes in the net carrying amounts of the Company’s intangible assets for the year ended December 31, 2024.
Balance at December 31, 2023Assets Acquired Pursuant to Business CombinationImpairment ChargesAmortization ExpenseBalance at December 31, 2024
Developed technology$5,876 $— $— $792 $5,084 
$5,876 $— $— $792 $5,084 
The following table reflects the changes in the net carrying amounts of the Company’s finite-lived intangible assets for the year ended December 31, 2023.
Balance at December 31, 2022Assets Acquired Pursuant to Business CombinationImpairment ChargesAmortization ExpenseBalance at December 31, 2023
Developed technology$6,669 $— $— $793 $5,876 
$6,669 $— $— $793 $5,876 
The following table reflects the carrying amounts of the Company's finite-lived intangible assets at December 31, 2024 and 2023.
December 31, 2024December 31, 2023
Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Developed technology$10,300 $(5,216)$10,300 (4,424)
$10,300 $(5,216)$10,300 $(4,424)
The Company uses the straight-line method to determine the amortization expense for its definite-lived intangible assets. The weighted-average remaining useful life for the intangible assets is 6.4 years. Amortization expense related to the purchased intangible assets was $792, $793 and $792 for the year ended December 31, 2024, 2023, and 2022, respectively.
The table below reflects the future estimated amortization expense for amortizable intangible assets as of December 31, 2024.
Year ending December 31,
2025$792 
2026792 
2027792 
2028792 
2029792 
Thereafter1,124 
Total
$5,084