v3.25.1
Business Combination (Tables)
3 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the fair value amounts recognized as of the acquisition date for each major class of asset acquired or liability assumed:
(in thousands)Preliminary Fair Value as of March 17, 2025
Cash $2,784 
Trade accounts receivables1,479 
Prepaid expenses and other current assets2,826 
Property and equipment, net217 
Goodwill252,108 
Intangible assets153,500 
Right-of-use assets336 
Total assets acquired$413,250 
Accounts payable$1,653 
Accrued liabilities1,163 
Lease liabilities, current portion180 
Deferred revenues, current portion12,056 
Deferred tax liability8,836 
Lease liabilities, net of current portion167 
Deferred revenues, net of current portion10,091 
Total liabilities assumed34,146 
Net assets acquired$379,104 
Less cash acquired(2,784)
Less stock-based compensation replacement awards related to merger consideration and attributable to pre-combination services(821)
Total cash consideration for acquisition, less cash acquired$375,499 
Schedule of Purchased Identifiable Intangible Assets
The table below outlines the purchased identifiable intangible assets:

Weighted-Average Amortization PeriodTotal
(in years)(in thousands)
Customer relationships15$72,500 
Developed technology575,300 
Tradenames105,700 
Total identifiable intangible assets$153,500