Business Combination (Tables)

9 Months Ended

Sep. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase consideration and the estimated fair value of the assets acquired and the liabilities assumed for the acquisition of Digital Motors as of the Acquisition Date (in thousands). The purchase price allocation is preliminary and is subject to revision as additional information about the fair value of the assets acquired and liabilities assumed become available, including deferred taxes and residual goodwill.

	Digital Motors
Assets acquired
Cash	5,201
Acquired technology	12,500
Other assets acquired	548
Goodwill	8,570
Total assets acquired	$	26,819
Liabilities assumed
Accounts payable	1,244
Accrued employee expenses	984
Deferred tax liabilities	2,556
Other liabilities assumed	249
Total liabilities assumed	5,033
Net assets acquired	21,786
Consideration paid
Cash paid	$	15,484
Contingent consideration	$	6,302
Total consideration	$	21,786