| Summary of Goodwill |
The changes in the carrying amount of goodwill were as follows (in thousands): | | | | | | | December 31, 2022 | $ | 109,740 | | | | Foreign currency translation adjustments | 2,357 | | | December 31, 2023 | 112,097 | | | Acquisition | 89,146 | | | Foreign currency translation adjustments | (4,399) | | | December 31, 2024 | $ | 196,844 | |
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| Summary of Intangible Assets |
The following table presents the components of net intangible assets (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | December 31, 2023 | | Weighted Average Useful Life (Years) | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Acquired technology | 4.7 | | $ | 26,044 | | | $ | (11,938) | | | $ | 14,106 | | | $ | 15,949 | | | $ | (7,471) | | | $ | 8,478 | | | Acquired customer-related | 9.7 | | 15,852 | | | (4,114) | | | 11,738 | | | 15,427 | | | (2,769) | | | 12,658 | | | Acquired trade names | 5.0 | | 655 | | | (360) | | | 295 | | | 2,172 | | | (1,721) | | | 451 | | | Patents | 10.0 | | 3,341 | | | (2,091) | | | 1,250 | | | 3,150 | | | (1,845) | | | 1,305 | | | Total | 6.8 | | $ | 45,892 | | | $ | (18,503) | | | $ | 27,389 | | | $ | 36,698 | | | $ | (13,806) | | | $ | 22,892 | |
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| Schedule of Expected Amortization Expense of Intangible Assets |
As of December 31, 2024, expected remaining amortization expense of intangible assets by fiscal year is as follows (in thousands): | | | | | | | 2025 | $ | 6,906 | | | 2026 | 5,587 | | | 2027 | 4,335 | | | 2028 | 3,913 | | | 2029 | 2,754 | | | Thereafter | 3,894 | | | Total expected amortization expense | $ | 27,389 | |
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