Quarterly report [Sections 13 or 15(d)]

Business Combinations (Tables)

v3.25.1
Business Combinations (Tables)
3 Months Ended
Mar. 31, 2025
Business Combinations  
Schedule of fair value of assets acquired and liabilities assumed

(in thousands)

    

Acquisition Date

Assets:

Cash and cash equivalents

$

2,131

Trade receivables

 

1,597

Prepaid expenses

 

195

Other assets

1

Escrow assets

6,000

Deferred tax assets (liabilities)

(3,123)

Intangible assets:

 

Technology

 

11,000

Customer relationships

 

6,700

Total intangible assets

 

17,700

Goodwill

 

71,936

Total assets acquired

$

96,437

Liabilities:

 

  

Trade payables

$

504

Deferred revenue

4,584

Other liabilities

 

640

Escrow liabilities

6,000

Total liabilities assumed

 

11,728

Total purchase consideration

$

84,709

Cash acquired

(2,131)

Purchase consideration, net of cash acquired

$

82,578