XML 33 R24.htm IDEA: XBRL DOCUMENT v3.22.2
Business Combinations (Tables) - ASSIA
6 Months Ended
Jun. 30, 2022
Business Acquisition [Line Items]  
Summary of Provisional Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following summarizes the provisional estimated fair values of the assets acquired and liabilities assumed at the date of the ASSIA Acquisition (in thousands):

Provisional allocation of purchase consideration

 

 

 

Cash and cash equivalents

 

$

203

 

Accounts receivable

 

 

2,578

 

Other assets

 

 

364

 

Right-of-use assets

 

 

2,612

 

Property, plant and equipment

 

 

231

 

Intangible assets

 

 

18,800

 

Accounts payable

 

 

(106

)

Contract liabilities

 

 

(19,550

)

Operating lease liabilities

 

 

(2,612

)

Accrued and other liabilities

 

 

(323

)

Goodwill

 

 

22,803

 

Total purchase consideration

 

$

25,000

 

Schedule of Estimated Fair Value and Useful Lives of Identifiable Intangible Assets

The following table represents the preliminary estimated fair value and useful lives of identifiable intangible assets acquired (estimated fair value in thousands):

 

 

Estimated

 

 

Estimated

 

 

fair value

 

 

useful life

Intangible assets acquired

 

 

 

 

 

Customer relationships

 

$

12,500

 

 

15 years

Developed technology

 

 

5,800

 

 

5 years

Tradenames

 

 

500

 

 

10 years

Total intangible assets

 

$

18,800