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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Intangible assets as of December 31, 2023 and 2022 consist of the following:
 

 

 

Weighted
Average
Remaining
Useful Life (in Years)

 

December 31,

 

 

 

 

 

2023

 

 

2022

 

 

 

 

 

(in thousands)

 

Acquired technology

 

4.6

 

$

46,362

 

$

17,009

 

Domain name

 

5.3

 

 

10,000

 

 

 

10,000

 

Sublease asset

 

2.3

 

 

980

 

 

 

 

Trade name

 

 

 

 

19

 

 

 

19

 

Customer relationships

 

 

 

 

50

 

 

 

2,448

 

Accumulated amortization

 

 

 

 

(15,095

)

 

 

(12,030

)

Total

 

 

 

$

42,316

 

 

$

17,446

 

 

Estimated Future Amortization Expense for Intangible Assets Estimated future amortization expense for intangible assets as of December 31, 2023 is as follows:

Years ended December 31,

 

Amortization
Expense

 

 

 

(in thousands)

 

2024

 

$

9,402

 

2025

 

 

9,402

 

2026

 

 

9,087

 

2027

 

 

7,209

 

2028

 

 

6,727

 

Thereafter

 

 

489

 

Total

 

$

42,316

 

Schedule of Changes in Carrying Amounts of Goodwill

The changes in the carrying amounts of goodwill consist of the following:
 

 

 

(in thousands)

 

Balance as of December 31, 2021

 

$

47,075

 

Effect of foreign currency translation

 

 

(848

)

Balance as of December 31, 2022

 

 

46,227

 

Effect of foreign currency translation

 

 

440

 

Acquisition of Clearbit

 

 

127,094

 

Balance as of December 31, 2023

 

$

173,761