Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Acquisition [Line Items]

Schedule of Unaudited Pro Forma Condensed Combined Financial Information

This unaudited data is presented for informational purposes only and is not intended to represent or be indicative of the results of operations that would have been reported had the acquisition occurred on January 1, 2020. It should not be taken as representative of future results of operations of the combined company. The following table presents the unaudited pro forma condensed combined financial information:

	For the Year Ended December 31,
	2021			2020
	(unaudited)
Revenue	$	280,790		$	206,095
Net loss attributable to common stockholders	$	(61,852	)	$	(43,159	)

Big Blue Saw LLC

Business Acquisition [Line Items]

Summary of Consideration Paid and Preliminary Fair Value of Assets Acquired and Liabilities Assumed

The following table (in thousands) summarizes the consideration paid for Big Blue Saw and the preliminary fair value of the assets acquired and liabilities assumed on the acquisition date:

Consideration:
Cash	$	1,201
Fair value of Class A common stock		250
Fair value of contingent consideration		859
Fair value of consideration		2,310
Acquisition costs included in general and administrative		17
Recognized amounts of identifiable assets acquired and liabilities assumed:
Current assets		125
Property and equipment		206
Right-of-use asset		105
Lease liability		(105	)
Current liabilities		(109	)
Total identifiable net assets assumed		222
Goodwill		2,088
Total	$	2,310

Factory Four

Business Acquisition [Line Items]

Summary of Consideration Paid and Preliminary Fair Value of Assets Acquired and Liabilities Assumed

The following table (in thousands) summarizes the consideration paid for Factory Four and the preliminary fair value of the assets acquired and liabilities assumed on the acquisition date:

Consideration:
Cash	$	2,167
Fair value of Class A common stock		1,139
Fair value of contingent consideration		1,470
Fair value of consideration		4,776
Acquisition costs included in general and administrative		18
Recognized amounts of identifiable assets acquired and liabilities assumed:
Current assets		234
Property and equipment		28
Intangible asset - developed technology		140		(1)
Right-of-use asset		1,044
Lease liability		(1,044	)
Current liabilities		(658	)
Total identifiable net assets assumed		(256	)
Goodwill		5,032
Total	$	4,776

(1) The useful life of the acquired developed technology is 3 years.

Thomas

Business Acquisition [Line Items]

Summary of Consideration Paid and Preliminary Fair Value of Assets Acquired and Liabilities Assumed

The following table (in thousands) summarizes the consideration paid for Thomas and the preliminary fair value of the assets acquired and liabilities assumed on the acquisition date:

Consideration:
Cash	$	174,838
Fair value of Class A common stock		101,499
Fair value of consideration		276,337
Acquisition costs included in general and administrative		5,661
Recognized amounts of identifiable assets acquired and liabilities assumed:
Current assets		18,244
Property and equipment		890
Intangible assets		40,400
Right-of-use assets		24,130
Other long term assets		250
Investment in unconsolidated joint venture		4,156
Lease liabilities		(18,690	)
Income taxes payable		(1,647	)
Other long term liabilities		(281	)
Contract liabilities		(6,634	)
Current liabilities		(30,183	)
Noncontrolling interest		(1,036	)
Total identifiable net assets assumed		29,599
Goodwill		246,738
Total	$	276,337

Schedule of Fair Value of Identifiable Intangible Asset

The following table (in thousands) summarizes the fair value of the identifiable intangible assets:

	Total		Estimated life
Customer relationships	$	36,600	15
Database		2,400	5
Trade name		800	10
Developed technology		600	5
Total intangible assets	$	40,400