Business Acquisition (Tables)

9 Months Ended

Sep. 30, 2020

Business Combinations [Abstract]

Schedule of Identifiable Assets Acquired and Liabilities Assumed

The following table presents the preliminary fair value of the identifiable assets acquired and liabilities assumed as of the acquisition date:

(in thousands, except useful lives)	Fair value acquired		Useful life (years)
Assets
Current Assets
Accounts receivable, net	$	444
Prepaid expenses and other current assets	18
Total current assets	462
Intangibles assets
Customer relationships	5,430		8
Developed technology	2,310		3
Trademarks	660		3
Backlog	840		4
Goodwill	19,922
Total assets	$	29,624
Liabilities
Current liabilities
Accounts payable	$	6
Accrued payroll and other current liabilities	22
Deferred revenue, current	1,011
Total current liabilities	1,039
Deferred revenue, long term	149
Other long-term liabilities	4,218
Total liabilities	5,406
Net assets acquired	$	24,218