v3.24.3
Intangible Assets and Goodwill (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2024As of December 31, 2023
Weighted Average Useful Life (Years)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired technology4.7$26,591 $(10,811)$15,780 $15,949 $(7,471)$8,478 
Acquired customer-related9.716,940 (4,020)12,920 15,427 (2,769)12,658 
Acquired trade names3.02,180 (1,829)351 2,172 (1,721)451 
Patents10.03,267 (2,040)1,227 3,150 (1,845)1,305 
Total6.7$48,978 $(18,700)$30,278 $36,698 $(13,806)$22,892 
Schedule of Expected Amortization Expense of Intangible Assets
As of September 30, 2024, expected remaining amortization expense of intangible assets by fiscal year is as follows (in thousands):
Remainder of 2024$1,958 
20257,121 
20265,801 
20274,460 
20284,008 
Thereafter6,930 
Total expected amortization expense$30,278 
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 
Acquisition89,146 
Foreign currency translation adjustments890 
September 30, 2024$202,133