Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2021

C Acquisition

Acquisitions and Dispositions

Schedule of fair value of consideration exchanged

Cash consideration(1)	$	197,966
Share consideration(2)		96,200
Total consideration	$	294,166

Schedule of purchase price allocation for the assets acquired and liabilities assumed

Cash	2,881
Accounts receivable	22,581
Prepaid and other current assets	17,827
Property and equipment	332
Intangible assets	119,100
Goodwill	189,391
Accounts payable	(2,661)
Accrued expenses	(12,319)
Accrued compensation	(12,867)
Deferred revenue	(5,855)
Deferred tax liabilities	(22,776)
Other liabilities	(1,468)
Total consideration for Complex Networks	294,166

Schedule of estimated fair value of each of the identifiable intangible assets

		Weighted Average
	Asset Fair Value	Useful Life (Years)
Trademarks & tradenames	97,000	15
Customer relationships	17,000	4
Developed technology	5,100	3

Schedule of Company's pro forma combined revenues and net income

	Year Ended December 31,
	2021		2020
Revenue	$	521,224	$	446,368
Net loss		(19,747)		(12,972)

HuffPost and Verizon Investment

Acquisitions and Dispositions

Schedule of fair value of consideration exchanged

Fair value of common stock issued(1)	$	24,064
Working capital adjustments		(490)
Total consideration	$	23,574

Schedule of purchase price allocation for the assets acquired and liabilities assumed

			Measurement
			Period
	Preliminary		Adjustments		Final
Cash and cash equivalents		5,513		—		5,513
Accounts receivable		3,383		—		3,383
Prepaid and other current assets		611		—		611
Deferred tax assets		116		15		131
Property and equipment		620		—		620
Intangible assets		19,500		—		19,500
Goodwill		5,927		(437)		5,490
Accounts payable		(1,410)		—		(1,410)
Accrued expenses		(4,249)		—		(4,249)
Deferred tax liabilities		(4,251)		422		(3,829)
Other liabilities		(63)		—		(63)
Noncontrolling interests		(2,123)		—		(2,123)
Total consideration for HuffPost	$	23,574	$	—	$	23,574