v3.25.4
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Intangible Assets Disclosure [Abstract]  
Summary of the Company's intangible assets
The following is a summary of the Company’s intangible assets, net (in thousands):
 
    
Term
    
2024
    
2023
 
Intellectual property
    
1-5 years
     $ 8,491      $ 5,970  
Software licenses
     3 years        8,320        5,124  
Accumulated amortization
        (5,082 )       (5,537 ) 
     
 
 
    
 
 
 
Intangible assets, net
      $ 11,729      $ 5,557  
     
 
 
    
 
 
 
Summary of total estimated amortization of intangible assets
The following table represents the total estimated amortization of intangible assets for the succeeding years (in thousands):
 
2025
   $ 5,336  
2026
     4,145  
2027
     2,248  
  
 
 
 
Total amortization expense
   $ 11,729