v3.25.1
Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The purchase price allocation at the acquisition date was as follows:
Consideration: 
Purchase price paid on June 1, 2022$9,355 
Fair value of deferred purchase price4,616 
Total consideration as of acquisition date$13,971 
Recognized amounts of assets acquired and liabilities assumed: 
Cash and cash equivalents and restricted cash$2,337 
Trade accounts receivable1,004 
Intangible assets7,868 
Property and equipment 769 
Seller indemnification7,956 
Other assets1,070 
Total assets acquired$21,004 
Accounts payable and accrued expenses$2,054 
Travel accounts payable6,861 
Contingent liabilities8,139 
Deferred tax liabilities2,212 
Other liabilities490 
Total liabilities assumed$19,756 
Total net assets acquired$1,248 
Goodwill$12,723 
Summary of Intangible Assets Acquired
Intangible assets acquired consisted of the following:
AmountEstimated useful
life (in years)
Trademarks and domains$4,601 20
Developed technology2,165 3
Customer relationships800 1
Domains302 20
Total intangible assets acquired$7,868  
Summary of Business Acquisition, Pro Forma Information
The following table summarizes the revenue and net loss (including purchase accounting amortization and the impact of intercompany eliminations) of Viajanet included in our consolidated statements of operations for the year ended December 31, 2022 since June 1, 2022, the date of acquisition:
Period from the date of acquisition to December 31, 2022
Revenue$3,658 
Net loss$(3,968)

The following pro forma summary presents certain consolidated information as if the Viajanet Acquisition occurred on January 1, 2021:
For the year ended
December 31,
20232022
Revenue$541,949 $330,668 
Net loss$(77,975)$(110,048)