Acquisitions and Equity Investments (Tables)

6 Months Ended

Jun. 30, 2026

Business Combination [Abstract]

Summary of Purchase Price Allocation

The following table sets forth the final components and the allocation of the purchase price for the business combination and summarizes the fair values of the assets acquired and liabilities assumed:

	Final
Previously held interests in RFQ-hub:
Carrying value of previously held interest	$	34,878
Fair value of previously held interest on Acquisition Date		33,866
Loss on remeasurement of previously held interest		(1,012	)
Purchase price allocation:
Cash consideration at closing	$	38,069
Fair value of previously held interest on Acquisition Date		33,866
Fair value of remaining noncontrolling interests on Acquisition Date		10,365
Total purchase price		82,300
Acquired cash		(1,554	)
Purchase price, net of acquired cash		80,746
Intangible assets		(30,200	)
Accounts receivable		(4,333	)
Prepaid expenses and other assets		(1,074	)
Accounts payable, accrued expenses and other liabilities		1,822
Goodwill	$	46,961

Summary of Fair Value of Acquired Intangible Assets

The fair values of the intangible assets acquired are as follows:

	Costs (in thousands)		Useful Lives
Developed technology	$	16,900	5 years
Customer relationships		12,600	15 years
Tradename - finite life		700	10 years
Total	$	30,200

Summary of the Changes in Redeemable Noncontrolling Interest

The following table is a summary of the changes in redeemable noncontrolling interest for the six months ended June 30, 2026:

	(In thousands)
Balance at December 31, 2025	$	12,592
Net income attributable to noncontrolling interests		443
Issuance of noncontrolling interests		1,406
Balance at June 30, 2026	$	14,441