Goodwill and Intangible Assets (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Acquired Finite-Lived Intangible Assets by Major Class |
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and other purchases, which are amortized over their estimated useful lives:
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March 31, 2026 |
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December 31, 2025 |
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Weighted
Average
Useful Life
(in Years) |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net Carrying Amount |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net Carrying Amount |
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(in thousands) |
| Licensed technology |
7.0 |
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$ |
32,713 |
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$ |
(4,210) |
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$ |
28,503 |
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$ |
31,858 |
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$ |
(3,663) |
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$ |
28,195 |
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| Developed technology |
6.9 |
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311,261 |
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(296,343) |
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14,918 |
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311,261 |
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(293,761) |
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17,500 |
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| Trademarks and trade names |
6.2 |
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14,800 |
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(14,598) |
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202 |
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14,800 |
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(14,562) |
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238 |
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| Patents |
7.0 |
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4,780 |
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(1,991) |
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2,789 |
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4,780 |
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(1,821) |
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2,959 |
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6.0 |
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$ |
363,554 |
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$ |
(317,142) |
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$ |
46,412 |
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$ |
362,699 |
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$ |
(313,807) |
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$ |
48,892 |
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| Schedule of Finite-lived Intangible Assets Amortization Expense |
The following table sets forth amortization expense associated with finite-lived intangible assets, which is included in the consolidated statements of operations as follows:
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Three Months Ended March 31, |
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2026 |
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2025 |
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(in thousands) |
| Cost of net revenue |
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$ |
3,129 |
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$ |
2,829 |
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| Selling, general and administrative |
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206 |
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592 |
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$ |
3,335 |
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$ |
3,421 |
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| Schedule of Finite-Lived Intangible Assets |
The following table sets forth the activity related to finite-lived intangible assets:
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Three Months Ended March 31, |
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2026 |
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2025 |
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(in thousands) |
| Beginning balance |
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$ |
48,892 |
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$ |
55,008 |
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| Additions |
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855 |
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— |
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| Amortization |
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(3,335) |
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(3,421) |
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| Ending balance |
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$ |
46,412 |
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$ |
51,587 |
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| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
The following table presents future amortization of the Company’s finite-lived intangible assets at March 31, 2026:
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Amount |
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(in thousands) |
| 2026 (9 months) |
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$ |
10,489 |
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| 2027 |
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11,692 |
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| 2028 |
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6,246 |
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| 2029 |
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5,155 |
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| 2030 |
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4,026 |
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| Thereafter |
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8,804 |
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| Total |
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$ |
46,412 |
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