| Schedule of Changes in Goodwill |
The following table summarizes the changes in the carrying value of the Company’s goodwill balance during the three months ended March 31, 2024 (in thousands): | | | | | | | | | | | | Goodwill | | | | | | Balance as of December 31, 2023 | $ | 383,325 | | | | | | | Goodwill related to acquisitions | $ | 19,843 | | | | | | | Foreign currency translation adjustment | (381) | | | | | | | | | | | | | Balance as of March 31, 2024 | $ | 402,787 | | | | | |
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| Schedule of Intangible Assets |
Intangible assets, all of which are subject to amortization, consisted of the following as of March 31, 2024 and December 31, 2023 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2024 | | | | As of December 31, 2023 | | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Weighted Average Life (Years) | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Amortizing intangible assets: | | | | | | | | | | | | | | | Customer relationships | $ | 89,832 | | | $ | (28,664) | | | $ | 61,168 | | | 12 | | $ | 90,350 | | | $ | (26,982) | | | $ | 63,368 | | | Trade name | 38,142 | | | (9,855) | | | 28,287 | | | 12 | | 37,937 | | | (9,272) | | | 28,665 | | | Developed technology | 116,354 | | | (67,737) | | | 48,617 | | | 5 | | 115,914 | | | (61,376) | | | 54,538 | | | Contributor content | 66,590 | | | (29,884) | | | 36,706 | | | 8 | | 65,628 | | | (27,897) | | | 37,731 | | | | | | | | | | | | | | | | | Patents | 259 | | | (169) | | | 90 | | | 18 | | 259 | | | (165) | | | 94 | | | | | | | | | | | | | | | | | Total | $ | 311,177 | | | $ | (136,309) | | | $ | 174,868 | | | | | $ | 310,088 | | | $ | (125,692) | | | $ | 184,396 | |
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