Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Other Intangible Assets, Net

v3.25.4
Other Intangible Assets, Net
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets, Net
Note 9. Other Intangible Assets, Net
Other intangible assets consisted of the following:
December 31, 2025 December 31, 2024
Carrying Amount, net of Impairment Accumulated Amortization Net book value   Carrying Amount, net of Impairment Accumulated Amortization Net book value
(U.S. $ in thousands)
Developed technology $ 406,606  $ (336,621) $ 69,985  $ 402,976  $ (318,312) $ 84,664 
Patents 30,028  (13,717) 16,311  21,902  (11,726) 10,176 
Trademarks and trade names 22,406  (19,062) 3,344  22,149  (17,957) 4,192 
Customer relationships 103,084  (96,882) 6,202  102,560  (95,339) 7,221 
$ 562,124  $ (466,282) $ 95,842  $ 549,587  $ (443,334) $ 106,253 
Amortization expenses
Amortization expenses relating to intangible assets for the years ended December 31, 2025, 2024 and 2023, were approximately $22.4 million, $23.9 million and $26.5 million, respectively.
As of December 31, 2025, the estimated future amortization expenses relating to definite life intangible assets for each of the next five years and thereafter were as follows:
Estimated Amortization Expenses
Year ending December 31, (U.S. $ in thousands)
2026 $ 22,763 
2027 21,791 
2028 17,555 
2029 11,801 
2030 11,123 
2031 and thereafter 10,809 
Total $ 95,842 
No impairment charges were recorded during 2025, 2024 and 2023.