Acquisition (Tables)

6 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of allocation of the purchase price

The preliminary allocation of the purchase price was as follows:

(in thousands)	June 14, 2022
Cash	$	18
Prepaids and other current assets		17
Intangible assets, net		1,425
Goodwill		7,447
Deferred tax asset		221
Accrued expenses		(55	)
Deferred tax liability		(356	)
Total purchase price	$	8,717

Schedule of goodwill activity

During the six months ended June 30, 2022, activity in our goodwill balance was as follows:

(in thousands)	Six months ended June 30, 2022
Balance at December 31, 2021	$	—
Addition due to HX Tracker acquisition		7,447
Translation		40
Balance at June 30, 2022	$	7,487