v3.25.0.1
Intangible Assets and Goodwill (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Intangible assets as of December 31, 2024 and 2023 consist of the following:
 

 

 

Weighted
Average
Remaining
Useful Life (in Years)

 

December 31,

 

 

 

 

 

2024

 

 

2023

 

 

 

 

 

(in thousands)

 

Acquired technology

 

3.8

 

$

49,791

 

$

46,362

 

Domain name

 

4.3

 

 

10,000

 

 

 

10,000

 

Sublease asset

 

1.3

 

 

980

 

 

 

980

 

Other intangible assets

 

2.5

 

 

1,279

 

 

 

69

 

Total intangible assets

 

 

 

 

62,050

 

 

 

57,411

 

Accumulated amortization

 

 

 

 

(24,487

)

 

 

(15,095

)

Intangible assets, net

 

 

 

$

37,563

 

 

$

42,316

 
Estimated Future Amortization Expense for Intangible Assets Estimated future amortization expense for intangible assets as of December 31, 2024 is as follows:

Years ended December 31,

 

Amortization
Expense

 

 

 

(in thousands)

 

2025

 

$

10,559

 

2026

 

 

10,202

 

2027

 

 

8,251

 

2028

 

 

7,527

 

2029

 

 

1,024

 

Thereafter

 

 

—

 

Total

 

$

37,563

 

 
Schedule of Changes in Carrying Amounts of Goodwill

The changes in the carrying amounts of goodwill consist of the following:
 

 

 

(in thousands)

 

Balance as of December 31, 2022

 

$

46,227

 

Effect of foreign currency translation

 

 

440

 

Acquisition

 

 

127,094

 

Balance as of December 31, 2023

 

 

173,761

 

Effect of foreign currency translation

 

 

(636

)

Acquisition

 

 

36,383

 

Balance as of December 31, 2024

 

$

209,508