v3.25.1
Intangible Assets
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table reflects, as of March 31, 2025, the carrying values and remaining useful lives of acquired intangible assets:
Gross Carrying AmountAccumulated AmortizationNet Carrying ValueWeighted-Average Amortization Period (in years)
Tradenames and trademarks$50,000 $(9,114)$40,886 13.1
Developed technology48,000 (17,500)30,500 5.1
Customer relationships98,000 (14,292)83,708 17.1
$196,000 $(40,906)$155,094 
Amortization expense for tradenames and trademarks and developed technology of $2.3 million was recorded in general and administrative expenses for the three months ended March 31, 2025 and 2024 within the condensed consolidated statements of operations and comprehensive loss. Amortization expense for customer relationships of $1.2 million was recorded in selling and marketing expenses for the three months ended March 31, 2025 and 2024 within the condensed consolidated statements of operations and comprehensive loss.