Goodwill (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table sets forth the carrying amount and activity of goodwill as of December 31, 2023:

	December 31,
	2023		2022
Balance at the beginning of the period	$	136,463	$	113,574
Acquisitions (Note 3)	153,447		8,319
Measurement period adjustment for business combinations from prior year	—		24,745
Effect of exchange rate on goodwill	5,186		(10,175)
Balance at the end of the period	$	295,096	$	136,463

Schedule of Net Assets Acquired And Goodwill

As of December 31, 2023, the Company finalized the opening net assets acquired and goodwill.

The fair value of inventory was calculated using the cost of goods sold to estimate the selling price. The selling price was adjusted for selling costs and a reasonable profit margin.

As of December 31, 2022, the Company finalized the opening net assets acquired and goodwill as follows:

	Preliminary Valuation		Adjustment		Final Valuation
Purchase price — contingent considerations	$	8,204	$	(368)	$	7,836
Inventory	2,020		(90)		1,930
Developed technology	6,631		(1,571)		5,060
In-progress research & development	2,170		1,890		4,060
Customer relationships	2,411		2,099		4,510
Backlog	603		(253)		350
Trade name	965		1,625		2,590
Deferred tax liability	(2,935)		1,880		(1,055)
Goodwill	14,267		(5,948)		8,319