Goodwill is recorded when the purchase price of an acquisition exceeds the fair value of the net tangible and identifiable intangible assets acquired. The gross carrying amount of goodwill was $38.2 million as of June 30, 2024 and December 31, 2023.

The following table presents details of the Company’s intangible assets (in thousands):


	June 30, 2024
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangible assets with finite lives:
Developed technology	$	26,800	$	(1,563	)	$	25,237
Customer relationships		800		(156	)		644
Total	$	27,600	$	(1,719	)	$	25,881


	December 31, 2023
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangible assets with finite lives:
Developed technology	$	26,800	$	(223	)	$	26,577
Customer relationships		800		(23	)		777
Total	$	27,600	$	(246	)	$	27,354

Future amortization expense of these intangibles assets as of June 30, 2024 is as follows (in thousands):


	Future Amortization Expense
2024, remaining months	$	1,474
2025		2,947
2026		2,924
2027		2,680
2028		2,680
Thereafter		13,176
Total future amortization expense	$	25,881