Acquisitions (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Acquisition Price Allocation

The following table summarizes the acquisition date fair value of the tangible assets, intangible assets, liabilities assumed, contingent consideration payable and related goodwill acquired from Small Giant (in thousands):

	Total
Cash	$	34,193
Accounts receivable, net		22,974
Prepaid expenses		2,561
Intangible assets, net:
Developed technology, useful life of 5 years		155,000
Trade names, useful life of 7 years		32,000
Goodwill		529,290
Property and equipment, net		180
Right-of-use assets		883
Other non-current assets		120
Total assets acquired		777,201
Accounts payable		(1,716	)
Income tax payable		(5,623	)
Operating lease liabilities		(380	)
Other current liabilities		(16,126	)
Deferred tax liabilities, net		(37,400	)
Non-current operating lease liabilities		(503	)
Total liabilities		(61,748	)
Total purchase price consideration	$	715,453

Fair value of Zynga Stock Considerationissued⁽¹⁾		(253,903	)
Non-current contingent consideration payable		(98,000	)
Total cash consideration	$	363,550

⁽¹⁾

^{The fair value of the Zynga Stock Consideration above is estimated based on the total shares issued of 63,794,746 and the closing stock price of Zynga’s Common A stock on January 2, 2019 of $3.98 per share.}

Summary of Unaudited Pro Forma Financial Information

The unaudited pro forma financial information as presented below is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of 2018.

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Total revenue	$	306,500		$	238,554		$	571,903		$	459,802
Net loss	$	(55,598	)	$	(16,740	)	$	(177,462	)	$	(32,254	)
Basic and diluted earnings per share	$	(0.06	)	$	(0.02	)	$	(0.19	)	$	(0.03	)