Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2024

Business Acquisition [Line Items]

Schedule of Unaudited Condensed Pro Forma Financial Information

The following unaudited condensed pro forma information presents combined financial information as if the acquisition of SemanticBits had been effective at January 1, 2021, the beginning of the 2021 fiscal year, and as a result, fiscal year 2022 represents the pro forma results for year two of the acquisition. The pro forma information includes alignment of SemanticBits’ revenue recognition policy, corrections of employee-related expenses, and adjustments reflecting changes in the amortization of intangibles, acquisition-related costs, interest expense, and records income tax effects as if SemanticBits had been included in the Company’s results of operations.

	(Unaudited)
	Year Ended
	2022
Revenue	$	1,856,399
Net income		75,999

The pro forma information is not intended to reflect the actual combined results of operations that would have occurred if the acquisition was completed on January 1, 2021, nor is it indicative of future operating results after the acquisition date of July 13, 2022.

Applied Energy Group, Inc.

Business Acquisition [Line Items]

Summary of Preliminary Purchase Price Allocation

As part of the preliminary allocation of the purchase consideration, the Company recorded the following:

Net working capital	$	4,049
Property and equipment		55
Customer-related intangibles		21,000
Developed technology		5,000
Trade names and trademarks		350
Goodwill		30,200
Purchase considerations	$	60,654

Summary of Estimated Useful Lives of Acquired Intangible Assets

The estimated useful lives of acquired intangible assets are as follows:

Customer-related intangibles	9.0 years
Developed technology	6.0 years
Trade names and trademarks	1.0 year

CMY Solutions, LLC.

Business Acquisition [Line Items]

Summary of Preliminary Purchase Price Allocation

As part of the allocation of purchase consideration, the Company recorded the following:

Net working capital	$	1,169
Customer-related intangibles		9,900
Trade names and trademarks		100
Goodwill		21,366
Purchase considerations	$	32,535

Summary of Estimated Useful Lives of Acquired Intangible Assets

The estimated useful lives of acquired intangible assets are as follows:

Customer-related intangibles	5 years
Trade names and trademarks	1 year

Blanton & Associates

Business Acquisition [Line Items]

Summary of Preliminary Purchase Price Allocation

As part of the allocation of the purchase consideration, the Company recorded the following:

Net working capital	$	4,604
Property and equipment		159
Customer-related intangibles		10,919
Contract backlog		466
Trade names and trademarks		60
Goodwill		9,712
Deferred income tax liabilities		(3,023	)
Purchase consideration	$	22,897

Summary of Estimated Useful Lives of Acquired Intangible Assets

The estimated useful lives of acquired intangible assets are as follows:

Customer-related intangibles	11 years
Contract backlog	3 years
Trade names and trademarks	0.3 year

SemanticBits LLC

Business Acquisition [Line Items]

Summary of Preliminary Purchase Price Allocation

The final purchase price allocation is summarized as follows:

Contract receivables	$	12,699
Contract assets		6,071
Customer-related intangibles		62,967
Trade names and trademarks		1,120
Other current and non-current assets		407
Accrued salaries and benefits		(3,998	)
Accrued expenses and other liabilities		(6,244	)
Deferred tax liability		(16,701	)
Net assets acquired		56,321
Goodwill		159,677
Purchase consideration	$	215,998

Summary of Estimated Useful Lives of Acquired Intangible Assets

The estimated useful lives of acquired intangible assets are as follows:

Customer-related intangibles	4.0 years
Trade names and trademarks	0.7 year