XML 40 R27.htm IDEA: XBRL DOCUMENT v3.22.2
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2022
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, 2021. It should not be taken as representative of future results of operations of the combined companies. The following table presents the unaudited pro forma condensed combined financial information:

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

2021

 

 

2021

 

 

(unaudited)

 

Revenue

$

67,321

 

 

$

127,952

 

Net loss attributable to common stockholders

 

(12,653

)

 

 

(24,023

)

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:

 

 

 

Previously Reported

 

 

Purchase Price Allocation

 

 

 

 

 

 

As of

 

 

Measurement Period

 

 

 

 

 

 

December 31, 2021

 

 

Adjustment

 

 

As Adjusted

 

Consideration:

 

 

 

 

 

 

 

 

 

Cash

 

$

174,838

 

 

$

 

 

$

174,838

 

Fair value of Class A common stock

 

 

101,499

 

 

 

 

 

 

101,499

 

Fair value of consideration

 

 

276,337

 

 

 

 

 

 

276,337

 

 

 

 

 

 

 

 

 

 

 

Recognized amounts of identifiable assets acquired and liabilities assumed:

 

 

 

 

 

 

 

 

 

Current assets

 

 

18,244

 

 

 

(5,978

)

 

 

12,266

 

Property and equipment

 

 

890

 

 

 

 

 

 

890

 

Intangible assets

 

 

40,400

 

 

 

1,444

 

 

 

41,844

 

Right-of-use assets

 

 

24,130

 

 

 

 

 

 

24,130

 

Other long-term assets

 

 

250

 

 

 

(206

)

 

 

44

 

Investment in unconsolidated joint venture

 

 

4,156

 

 

 

 

 

 

4,156

 

Lease liabilities

 

 

(18,690

)

 

 

 

 

 

(18,690

)

Deferred tax liability

 

 

 

 

 

(559

)

 

 

(559

)

Income taxes payable

 

 

(1,647

)

 

 

 

 

 

(1,647

)

Other long-term liabilities

 

 

(281

)

 

 

 

 

 

(281

)

Contract liabilities

 

 

(6,634

)

 

 

 

 

 

(6,634

)

Current liabilities

 

 

(30,183

)

 

 

 

 

 

(30,183

)

Noncontrolling interest

 

 

(1,036

)

 

 

 

 

 

(1,036

)

Total identifiable net assets assumed

 

 

29,599

 

 

 

(5,299

)

 

 

24,300

 

Goodwill

 

 

246,738

 

 

 

5,299

 

 

 

252,037

 

Total

 

$

276,337

 

 

$

 

 

$

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

Lease intangible assets

 

 

1,444

 

4

Total intangible assets

 

$

41,844