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Goodwill and Acquired Intangible Assets, Net
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Acquired Intangible Assets, Net Goodwill and Acquired Intangible Assets, Net
The carrying amount of the Company's goodwill was $174.4 million as of June 30, 2024 and December 31, 2023. The Company tests goodwill for impairment at least annually, in the fourth quarter, or whenever events or changes in circumstances would more likely than not reduce the fair value of its single reporting unit below its carrying value. The Company did not record any goodwill impairment during the three or six months ended June 30, 2024 and 2023.
Acquired intangible assets consisted of the following (in thousands):
June 30, 2024December 31, 2023
CostAccumulated AmortizationNet Book ValueCostAccumulated AmortizationNet Book Value
Developed technology $22,396 $(22,091)$305 $22,396 $(21,679)$717 
Customer relationships 74,884 (66,057)8,827 74,884 (62,287)12,597 
Tradenames1,350 (1,350)— 1,350 (1,350)— 
Acquired intangible assets, net $98,630 $(89,498)$9,132 $98,630 $(85,316)$13,314 
The following table set forth the amortization expense recorded related to acquired intangible assets during the periods indicated (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Cost of net revenue $206 $206 $411 $409 
Sales, marketing and support1,885 1,929 3,771 3,956 
Total amortization of acquired intangible assets $2,091 $2,135 $4,182 $4,365 
As of June 30, 2024, the total expected future amortization expense of acquired intangible assets by year is as follows (in thousands):
The remainder of 2024$4,118 
20255,014 
    Total expected future amortization expense$9,132