ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2025

ACQUISITIONS

Summary of the Company's basis in acquired assets

	Amounts Recognized as of Acquisition Date
License intangible asset	$	97,357
Deferred tax liability		(23,783)
Acquired net assets		2,500
Total consideration	$	76,074
Fair value of deferred payment liability payable in 12 and 24 months after acquisition		(12,010)
Other adjustments		(4,474)
Cash paid in connection with acquisition	$	59,590
Cash and customer funds acquired		(26,509)
Cash paid in connection with acquisition, net of cash and customer funds acquired	$	33,081

Schedule of the fair value of the consideration transferred

	Amounts Recognized as of Acquisition Date (Adjusted)
Cash	$	61,099
Contingent consideration		6,974
Extinguishment of pre-existing receivable		1,000
Settlement of unvested acquiree stock-based compensation awards		315
Total	$	69,388

Summary of recognized amounts of identifiable assets acquired and liabilities assumed

	Amounts Recognized as of Acquisition Date (Adjusted)
Cash and cash equivalents and restricted deposits	$	3,875
Customer funds		9,005
Accounts receivable		4,294
Tax indemnification asset		3,004
Customer relationships intangible asset		6,683
Developed technology intangible asset		2,354
Other assets		1,499
Trade payables		(1,514)
Outstanding operating balances		(9,005)
Deferred tax liabilities, net		(1,373)
Uncertain tax positions		(3,004)
Other payables		(4,326)
Total identifiable net assets	$	11,492
Goodwill	$	57,896
Total	$	69,388