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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of estimated fair values of the assets acquired and liabilities
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as updated for any changes as of December 31, 2023 for NextSphere, Mutual Mobile, and Tacit:
NextSphereMutual MobileTacit
(in thousands)
Current assets$9,708 $4,982 $9,145 
Property, plant and equipment192 132 466 
Intangible assets9,906 3,749 12,913 
Goodwill9,031 8,879 21,268 
Other noncurrent assets511 102 — 
Total assets acquired$29,348 $17,844 $43,792 
Accounts payable and accrued expenses(1,990)(1,576)(3,675)
Deferred taxes(2,427)(686)(2,500)
Total liabilities assumed$(4,417)$(2,262)$(6,175)
Purchase price allocation$24,931 $15,582 $37,617 
Schedule of business acquisition, finite-lived intangibles
The estimated fair value, useful lives and amortization methods of identifiable intangible assets as of the date of acquisition updated for any changes during the year ended December 31, 2023 are as follows:
NextSphereMutual MobileTacit
Fair ValueUseful LifeFair ValueUseful LifeFair ValueUseful Life
Customer relationships$8,415 10 years$3,453 8 years$11,737 12 years
Acquired software995 2.5 years— — 
Trade name496 2 years152 4 years1,176 4 years
Non-compete agreements— 144 2 years— 
Total identified intangible assets$9,906 $3,749 $12,913