Business Combinations (Tables)
|
12 Months Ended |
Dec. 31, 2023 |
|---|
| Meetrics GmbH |
|
| Business Combinations |
|
| Schedule of fair value of assets acquired and liabilities assumed |
|
|
|
|
(in thousands) |
|
Acquisition Date |
Assets: |
|
|
|
Cash and cash equivalents |
|
$ |
1,007 |
Trade receivables |
|
|
778 |
Other assets |
|
|
96 |
Property, plant and equipment |
|
|
10 |
Intangible assets: |
|
|
|
Technology |
|
|
2,245 |
Customer relationships |
|
|
7,208 |
Trademarks |
|
|
47 |
Non-compete agreements |
|
|
71 |
Total intangible assets |
|
|
9,571 |
Goodwill |
|
|
15,578 |
Total assets acquired |
|
$ |
27,040 |
|
|
|
|
Liabilities: |
|
|
|
Trade payables |
|
$ |
147 |
Other current liabilities |
|
|
361 |
Deferred tax liability |
|
|
1,233 |
Total liabilities assumed |
|
|
1,741 |
Total purchase consideration |
|
$ |
25,299 |
Cash acquired |
|
|
(1,007) |
Net cash purchase price |
|
$ |
24,292 |
|
| OpenSlate |
|
| Business Combinations |
|
| Schedule of components of consideration transferred |
|
|
|
|
(in thousands) |
|
|
|
Cash, net of cash acquired |
|
$ |
125,708 |
Common stock transferred |
|
|
22,526 |
Total |
|
$ |
148,234 |
|
| Schedule of fair value of assets acquired and liabilities assumed |
|
|
|
|
(in thousands) |
|
Acquisition Date |
Assets: |
|
|
|
Cash and cash equivalents |
|
$ |
8,549 |
Trade receivables |
|
|
5,460 |
Prepaid expenses |
|
|
66 |
Escrow assets |
|
|
2,000 |
Other assets |
|
|
167 |
Property, plant and equipment |
|
|
— |
Intangible assets: |
|
|
|
Technology |
|
|
11,900 |
Customer relationships |
|
|
37,100 |
Total intangible assets |
|
|
49,000 |
Goodwill |
|
|
103,938 |
Total assets acquired |
|
$ |
169,180 |
Liabilities: |
|
|
|
Trade payables |
|
$ |
226 |
Other current liabilities |
|
|
2,373 |
Escrow liabilities |
|
|
2,000 |
Deferred tax liability |
|
|
7,798 |
Total liabilities assumed |
|
|
12,397 |
Total purchase consideration |
|
$ |
156,783 |
Cash acquired |
|
|
(8,549) |
Net cash purchase price |
|
$ |
148,234 |
|
| Scibids |
|
| Business Combinations |
|
| Schedule of components of consideration transferred |
|
|
|
|
(in thousands) |
|
|
|
Cash, net of cash acquired |
|
$ |
67,240 |
Common stock issued in connection with the acquisition |
|
|
52,937 |
Fair value of contingent consideration |
|
|
1,193 |
Total |
|
$ |
121,370 |
|
| 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 |
|
|
90,668 |
Total assets acquired |
|
$ |
132,002 |
Liabilities: |
|
|
|
Trade payables |
|
$ |
530 |
Other liabilities |
|
|
1,259 |
Deferred tax liability |
|
|
7,138 |
Total liabilities assumed |
|
|
8,927 |
Total purchase consideration |
|
$ |
123,075 |
Cash acquired |
|
|
(1,705) |
Purchase consideration, net of cash acquired |
|
$ |
121,370 |
|