Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Goodwill recorded in connection with the Company’s acquisitions is primarily attributable to the assembled workforce and anticipated operational synergies. Goodwill was $54,256 and $53,110 as of December 31, 2025 and 2024, respectively. There were no impairments of goodwill during the year ended December 31, 2025 and 2024.

The Company has only one reporting unit and evaluates goodwill for impairment at the single reporting unit level. As a result, there is no goodwill assigned specifically to Veritone One and goodwill pertaining to discontinued operations is allocated based on the relative fair value of Veritone One and the remaining business.

The following table displays the changes in the carrying amount of goodwill:

Balance at December 31, 2024	$	53,110
Foreign currency translation	1,146
Balance at December 31, 2025	$	54,256

The gross carrying amounts and accumulated amortization of the Company’s finite-lived intangible assets as of December 31, 2025 and 2024 were as follows:

	December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	44,474	$	(40,345)	$	4,129
Customer relationships	99,225		(65,122)		34,103
Trademarks and trade names	2,300		(1,893)		407
Total finite-lived intangible assets	$	145,999	$	(107,360)	$	38,639

	December 31, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	44,100	$	(33,561)	$	10,539
Customer relationships	99,000		(50,866)		48,134
Trademarks and trade names	2,300		(1,473)		827
Total finite-lived intangible assets	$	145,400	$	(85,900)	$	59,500

Amortization expense related to developed technology, customer relationships, and trademarks and trade names is recorded in depreciation and amortization within the Company’s consolidated statements of operations. Amortization expense of finite-lived intangible assets was $21,670 and $24,011 for the years ended December 31, 2025 and 2024, respectively.

The following table presents future amortization of the Company’s finite-lived intangible assets as of December 31, 2025:

	Amount
2026	$	17,168
2027	13,541
2028	7,870
2029	20
2030	20
2031	20
Total	$	38,639