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Subsequent Events
3 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events

13. Subsequent Events

The Company evaluates and discloses subsequent events as required by FASB ASC Topic No. 855, Subsequent Events. The Topic establishes general standards of accounting for and disclosure of events that occur after the balance sheet date, but before the financial statements are issued or are available to be issued.

On April 16, 2021, the Company completed the acquisition of Avast plc’s Family Safety Mobile business. Pursuant to the terms of the transaction, the Company paid an aggregate purchase price of $66.0 million, net of an escrow of $5.0 million, consisting of $51.1 million in cash (excluding any adjustments for working capital and other closing adjustments) and the issuance of 1,460,131 unregistered shares of the Company’s common stock valued at $8.4 million on the transaction date.