Goodwill and Intangible Assets (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| Intangible Asset, Finite-Lived, Acquired |
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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June 30, 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 |
6.9 |
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$ |
33,523 |
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$ |
(4,917) |
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$ |
28,606 |
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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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(298,872) |
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12,389 |
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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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(14,633) |
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167 |
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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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(2,162) |
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2,618 |
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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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$ |
364,364 |
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$ |
(320,584) |
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$ |
43,780 |
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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 June 30, |
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Six Months Ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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(in thousands) |
| Cost of net revenue |
$ |
3,213 |
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$ |
2,844 |
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$ |
6,342 |
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$ |
5,673 |
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| Selling, general and administrative |
229 |
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591 |
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435 |
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1,183 |
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$ |
3,442 |
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$ |
3,435 |
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$ |
6,777 |
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$ |
6,856 |
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| Intangible Asset, Finite-Lived |
The following table sets forth the activity related to finite-lived intangible assets:
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Six Months Ended June 30, |
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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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1,665 |
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6,207 |
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| Amortization |
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(6,777) |
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(6,856) |
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| Ending balance |
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$ |
43,780 |
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$ |
54,359 |
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| Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense |
The following table presents future amortization of the Company’s finite-lived intangible assets at June 30, 2026:
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Amount |
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(in thousands) |
| 2026 (6 months) |
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$ |
7,427 |
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| 2027 |
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11,834 |
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| 2028 |
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6,388 |
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| 2029 |
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5,297 |
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| 2030 |
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4,167 |
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| Thereafter |
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8,667 |
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| Total |
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$ |
43,780 |
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