XML 39 R28.htm IDEA: XBRL DOCUMENT v3.24.2
Business Combinations (Tables)
 6 Months Ended
Jun. 30, 2024
Business Combination and Asset Acquisition [Abstract]  
Schedule of Business Acquisitions, by Acquisition The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition:
Amount
(in thousands)
Assets acquired:
Cash
$11,432 
Trade accounts and other receivables
8,916 
Prepaid expenses and other current assets
1,792 
Customer relationships
67,600 
Developed technology
30,700 
Trademarks
700 
Goodwill
140,833 
Total
$261,973 
Liabilities assumed:
Accounts payable and other current liabilities
$3,510 
Deferred revenue
6,080 
Deferred tax liability
14,278 
Total
$23,868 
Total purchase price consideration
$238,105 
Business Acquisition, Pro Forma Information
The following unaudited supplemental pro forma financial information is provided for informational purposes only and summarizes the Company's combined results of operations as if the acquisition had occurred on January 1, 2023 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Revenue
$180,588 $153,690 $354,445 $300,038 
Net loss$(20,129)$(40,985)$(47,195)$(86,699)