Quarterly report pursuant to Section 13 or 15(d)

Business Acquisition (Tables)

v3.22.2.2
Business Acquisition (Tables)
9 Months Ended
Sep. 30, 2022
Business Combinations [Abstract]  
Summary of Assignment of Fair Value to Identified Assets and Liabilities

The following table summarizes the assignment of fair value to the identified assets and liabilities recorded as of the acquisition date, January 3, 2022 (in thousands):

 

Cash and cash equivalents

 

 

$

303

 

Accounts receivable and contract asset, net

 

 

 

220

 

Property and equipment, net

 

 

 

200

 

Operating lease right-of-use assets

 

 

 

1,893

 

Software technology

 

 

 

7,140

 

Tradename

 

 

 

1,000

 

Customer relationships

 

 

 

8,200

 

Goodwill

 

 

 

20,355

 

Other assets

 

 

 

186

 

Accrued expenses and other current liabilities

 

 

 

(635

)

Operating lease liabilities

 

 

 

(1,893

)

Deferred revenue

 

 

 

(5,382

)

Total estimated consideration

 

 

$

31,587