Annual report [Section 13 and 15(d), not S-K Item 405]

Business Combinations (Tables)

v3.25.0.1
Business Combinations (Tables) - Scibids
12 Months Ended
Dec. 31, 2024
Business Combinations  
Schedule of components of consideration transferred

(in thousands)

    

Cash, net of cash acquired

$

66,940

Common stock issued in connection with the acquisition

 

52,937

Fair value of contingent consideration

1,193

Total

$

121,070

Schedule of fair value of assets acquired and liabilities assumed

(in thousands)

    

Acquisition Date

Assets:

Cash and cash equivalents

$

1,705

Trade receivables

 

5,197

Prepaid expenses

 

50

Other assets

1,382

Intangible assets:

 

Technology

 

18,000

Customer relationships

 

15,000

Total intangible assets

 

33,000

Goodwill

 

90,368

Total assets acquired

$

131,702

Liabilities:

 

  

Trade payables

$

530

Other liabilities

 

1,259

Deferred tax liability

 

7,138

Total liabilities assumed

 

8,927

Total purchase consideration

$

122,775

Cash acquired

(1,705)

Purchase consideration, net of cash acquired

$

121,070