v3.24.1.u1
Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets
The following table presents the components of net intangible assets (in thousands):
As of March 31, 2024As of December 31, 2023
Weighted Average Useful Life (Years)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired technology4.5$15,765 $(8,294)$7,471 $15,949 $(7,471)$8,478 
Acquired customer-related10.015,081 (3,084)11,997 15,427 (2,769)12,658 
Acquired trade names2.92,156 (1,750)406 2,172 (1,721)451 
Patents10.03,182 (1,902)1,280 3,150 (1,845)1,305 
Total7.2$36,184 $(15,030)$21,154 $36,698 $(13,806)$22,892 
Schedule of Expected Amortization Expense of Intangible Assets
As of March 31, 2024, expected remaining amortization expense of intangible assets by fiscal year is as follows (in thousands):
Remainder of 2024$4,074 
20254,699 
20263,380 
20272,085 
20281,648 
Thereafter5,268 
Total expected amortization expense$21,154 
Schedule of the Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill were as follows (in thousands):
December 31, 2023$112,097 
Foreign currency translation adjustments(1,780)
March 31, 2024$110,317