Goodwill and Other Identifiable Intangible Assets (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of Changes in Carrying Amount of Goodwill |
The changes in the carrying amount of goodwill for the years ended December 31, 2025 and 2024 were as follows:
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|
|
|
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|
|
|
|
Balance as of December 31, 2023 |
|
$ |
10,057 |
|
Translation adjustment |
|
|
(592 |
) |
Balance as of December 31, 2024 |
|
|
9,465 |
|
Translation adjustment |
|
|
1,233 |
|
Balance as of December 31, 2025 |
|
$ |
10,698 |
|
|
| Schedule of Amortization Expense for Intangible Assets |
Amortization expense for intangible assets for the years ended December 31, 2025, 2024 and 2023 was as follows:
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Years ended December 31, |
|
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
Research and development expense |
|
$ |
3,390 |
|
|
$ |
3,319 |
|
|
$ |
986 |
|
Sales and marketing expense |
|
|
1,310 |
|
|
|
798 |
|
|
|
155 |
|
General and administrative expense |
|
|
220 |
|
|
|
213 |
|
|
|
61 |
|
Total |
|
$ |
4,920 |
|
|
$ |
4,330 |
|
|
$ |
1,202 |
|
|
| Summary of Intangible Assets |
ntangible assets as of December 31, 2025 and 2024 consisted of the following:
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|
|
|
|
|
|
|
|
|
Average |
|
|
|
|
|
|
|
|
|
|
estimated |
|
Gross |
|
|
|
|
|
|
|
|
useful lives |
|
carrying |
|
|
Accumulated |
|
|
|
|
December 31, 2025 |
(in years) |
|
amount |
|
|
amortization |
|
|
Net amount |
|
Developed technology |
10 |
|
$ |
35,424 |
|
|
$ |
8,118 |
|
|
$ |
27,306 |
|
Licenses |
10 |
|
|
159 |
|
|
|
159 |
|
|
|
— |
|
Patents and websites |
5 |
|
|
3,775 |
|
|
|
3,771 |
|
|
|
4 |
|
Customer relationships |
4-10 |
|
|
3,165 |
|
|
|
1,811 |
|
|
|
1,354 |
|
Trade name |
4 |
|
|
219 |
|
|
|
126 |
|
|
|
93 |
|
Commercials |
3 |
|
|
494 |
|
|
|
446 |
|
|
|
48 |
|
Internally developed software |
3 |
|
|
3,707 |
|
|
|
1,749 |
|
|
|
1,958 |
|
Total |
|
|
$ |
46,943 |
|
|
$ |
16,180 |
|
|
$ |
30,763 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average |
|
|
|
|
|
|
|
|
|
|
estimated |
|
Gross |
|
|
|
|
|
|
|
|
useful lives |
|
carrying |
|
|
Accumulated |
|
|
|
|
December 31, 2024 |
(in years) |
|
amount |
|
|
amortization |
|
|
Net amount |
|
Developed technology |
10 |
|
$ |
31,342 |
|
|
$ |
4,048 |
|
|
$ |
27,294 |
|
Licenses |
10 |
|
|
159 |
|
|
|
159 |
|
|
|
— |
|
Patents and websites |
5 |
|
|
3,776 |
|
|
|
3,752 |
|
|
|
24 |
|
Customer relationships |
4-10 |
|
|
2,799 |
|
|
|
1,447 |
|
|
|
1,352 |
|
Trade name |
4 |
|
|
194 |
|
|
|
63 |
|
|
|
131 |
|
Commercials |
3 |
|
|
494 |
|
|
|
282 |
|
|
|
212 |
|
Internally developed software |
3 |
|
|
2,090 |
|
|
|
610 |
|
|
|
1,480 |
|
Total |
|
|
$ |
40,854 |
|
|
$ |
10,361 |
|
|
$ |
30,493 |
|
|
| Schedule of Annual Estimated Amortization Expense |
Annual estimated amortization expense for each of the succeeding fiscal years is as follows:
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|
|
|
|
|
|
December 31, |
|
|
|
2025 |
|
2026 |
|
$ |
5,061 |
|
2027 |
|
|
4,383 |
|
2028 |
|
|
3,814 |
|
2029 |
|
|
3,718 |
|
2030 |
|
|
3,510 |
|
Thereafter |
|
|
10,277 |
|
Total |
|
$ |
30,763 |
|
|