Acquisitions and Investments (Tables)

12 Months Ended

Dec. 31, 2022

Business Acquisition [Line Items]

Summary of Transaction Transferred

The consideration transferred for the transaction is summarized as follows:

(in thousands)
Initial cash investment in December 2021	$	40,000
Cash consideration paid at closing		58,645
Working capital adjustment		(202	)
Contingent consideration		1,000
Purchase price	$	99,443

Summary of Allocation of Purchase Price to the Fair Value of Assets Acquired

(in thousands) Purchase price allocation:	Preliminary, as previously reported			Measurement period adjustments			As adjusted
Cash	$	2,146		$	—		$	2,146
Accounts receivable		3,575			(50	)		3,525
Prepaid expenses and other current assets		506			300			806
Property and equipment		134			—			134
Intangible assets		46,000			—			46,000
Right-of-use asset, operating leases		832			—			832
Other assets		—			703			703
Accounts payable and accrued expenses		(485	)		(502	)		(987	)
Deferred revenue		(3,691	)		326			(3,365	)
Right-of-use liability, operating leases		(832	)		—			(832	)
Deferred taxes		(10,345	)		67			(10,278	)
Other liabilities		(267	)		(633	)		(900	)
Total assets acquired and liabilities assumed		37,573			211			37,784
Goodwill		62,072			(413	)		61,659
Purchase price	$	99,645		$	(202	)	$	99,443

Schedule of Business Acquisition, Pro Forma Information

Unaudited Pro Forma Supplementary Data as if the transaction had occurred on January 1, 2021:

	For the Year Ended December 31,
(in thousands)	2022			2021
Revenue	$	224,130		$	176,169
Net loss		(22,595	)		(61,125	)

Monocl

Business Acquisition [Line Items]

Summary of Transaction Transferred

The consideration transferred for the transaction is summarized as follows:

(in thousands)
Cash consideration	$	18,307
Equity issuance		25,439
Contingent consideration		2,600
Purchase price	$	46,346

Summary of Allocation of Purchase Price to the Fair Value of Assets Acquired

The final allocation of the acquisition-date fair values of assets and liabilities pertaining to this business combination as of December 31, 2020, was as follows:

(in thousands)
Purchase price allocation:	October 27, 2020
Cash	$	2,774
Accounts receivable		788
Prepaid expenses and other current assets		614
Property and equipment		20
Intangible assets		18,900
Accounts payable and accrued expenses		(2,137	)
Deferred revenue		(2,884	)
Total assets acquired and liabilities assumed		18,075
Goodwill		28,271
Purchase price	$	46,346

Schedule of Business Acquisition, Pro Forma Information

Unaudited Pro Forma Supplementary Data

(in thousands)	Year Ended December 31, 2020
Revenue	$	122,333
Net loss		(58,350	)