v3.22.2.2
Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Purchase Consideration was Allocated The following table summarizes the fair value of the consideration transferred at the date of acquisition, as well as the calculation of goodwill based on the excess of consideration over the fair value of net assets acquired (in thousands):
Fair value of consideration transferred:
Cash paid to shareholders$7,521 
Less: cash acquired(19)
Fair value of consideration transferred, net of cash acquired:$7,502 
Less: net assets acquired:
Assets acquired:
Accounts receivable$7 
Inventory53 
Prepaid expenses31 
Other assets30 
Property and equipment, net1,292 
Intangible assets2,141 
$3,554 
Liabilities assumed:
Accounts payable and accrued expenses$(161)
Deferred tax liability(497)
Short-term debt(170)
$(828)
Net assets acquired2,726 
Goodwill$4,776 
Schedule of Acquired Intangible Assets
The acquired intangible assets consist of the following:

Useful Life (in years)Fair Value as of October 29, 2021
Brand nameIndefinite$418 
Software6485 
Customer contracts71,238 
Total$2,141