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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Fair Value of Assets Acquired and Liabilities Assumed
The following table summarizes the Company’s preliminary allocation of the purchase consideration based on the fair value of assets acquired and liabilities assumed at the Speechly Acquisition Date (in thousands):
 September 18, 2023
Cash and cash equivalents$970 
Other current assets acquired111 
Intangible assets, net
Developed technology, useful life of five years
2,800 
Goodwill7,536 
Other current liabilities assumed$(1,117)
Other long-term liabilities assumed(182)
Total purchase price$10,118 
The following table summarizes the Company’s preliminary allocation of the purchase consideration based on the fair value of assets acquired and liabilities assumed at the Byfron Acquisition Date (in thousands):
 October 11, 2022
Cash and cash equivalents$380 
Goodwill3,882 
Identified intangible assets5,500 
Other assets169 
Other current liabilities(328)
Total purchase price$9,603 
The following table summarizes the Company’s allocation of the purchase consideration based on the fair value of assets acquired and liabilities assumed at the Hamul Acquisition Date (in thousands):
 April 1, 2022
Cash and cash equivalents$3,020 
Goodwill12,382 
Identified intangible assets4,500 
Deferred tax liabilities(579)
Total purchase price$19,323 
Schedule of Aggregate Purchase Consideration The aggregate purchase consideration comprised of the following (in thousands):
 Fair Value
Cash paid$7,603 
Cash holdback2,000 
Total purchase price$9,603 
The aggregate purchase consideration was comprised of the following (in thousands):
 Fair Value
Cash paid$9,185 
Common stock issued4,009 
Replacement awards attributable to pre-acquisition service6,129 
Total purchase price$19,323 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
The following table presents details of the identifiable assets acquired (in thousands, except estimated useful life):
Carrying
Amount
Estimated Useful Life (Years)
Developed technology$5,500 5
Total$5,500 
The following table presents details of the identifiable assets acquired (in thousands, except estimated useful life):
Carrying
Amount
Estimated Useful Life (Years)
Developed technology$4,500 5
Total$4,500