Goodwill and Intangible Assets (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Intangible Asset, Goodwill and Other [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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September 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 |
7.0 |
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$ |
37,231 |
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$ |
(5,624) |
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$ |
31,607 |
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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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(301,400) |
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9,861 |
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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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(14,669) |
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131 |
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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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(2,333) |
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2,447 |
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4,780 |
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(1,821) |
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2,959 |
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6.9 |
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$ |
368,072 |
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$ |
(324,026) |
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$ |
44,046 |
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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 September 30, |
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Nine Months Ended September 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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$ |
2,955 |
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$ |
9,555 |
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$ |
8,628 |
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| Selling, general and administrative |
229 |
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350 |
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664 |
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1,533 |
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$ |
3,442 |
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$ |
3,305 |
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$ |
10,219 |
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$ |
10,161 |
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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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Nine Months Ended September 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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5,373 |
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7,219 |
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| Amortization |
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(10,219) |
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(10,161) |
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| Ending balance |
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$ |
44,046 |
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$ |
52,066 |
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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 September 30, 2026:
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Amount |
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(in thousands) |
| 2026 (3 months) |
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$ |
4,347 |
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| 2027 |
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12,354 |
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| 2028 |
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6,917 |
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| 2029 |
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5,826 |
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| 2030 |
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4,697 |
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| Thereafter |
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9,905 |
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| Total |
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$ |
44,046 |
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