Goodwill and Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in goodwill by reportable segment are outlined below (in thousands):

	Alarm.com		Other		Total
Balance as of January 1, 2022	$	112,901	$	—	$	112,901
Goodwill acquired	—		—		—
Balance as of June 30, 2022	$	112,901	$	—	$	112,901

Schedule of Intangible Assets

The following table reflects changes in the net carrying amount of the components of intangible assets (in thousands):

	Customer Relationships		Developed Technology		Trade Name		Total
Balance as of January 1, 2022	$	59,426	$	30,157	$	1,823	$	91,406
Amortization	(5,952)		(2,892)		(298)		(9,142)
Balance as of June 30, 2022	$	53,474	$	27,265	$	1,525	$	82,264

The following tables reflect the weighted average remaining life and carrying value of finite-lived intangible assets (in thousands, except weighted-average remaining life):

	June 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Weighted- Average Remaining Life (in years)
Customer relationships	$	125,885	$	(72,411)	$	53,474	7.5
Developed technology	49,143		(21,878)		27,265		6.0
Trade name	3,787		(2,262)		1,525		2.6
Total intangible assets	$	178,815	$	(96,551)	$	82,264	6.9

	December 31, 2021
	Gross Carrying Amount		Impairment of Intangible Assets		Accumulated Amortization		Net Carrying Value		Weighted- Average Remaining Life (in years)
Customer relationships	$	126,093	$	(86)	$	(66,581)	$	59,426	7.9
Developed technology	49,371		—		(19,214)		30,157		6.5
Trade name	3,815		—		(1,992)		1,823		3.1
Other	234		—		(234)		—		0.0
Total intangible assets	$	179,513	$	(86)	$	(88,021)	$	91,406	7.4