Business Acquisitions (Tables)

6 Months Ended

Jun. 30, 2025

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed:


(In thousands)	As of Date of Opening Balance Sheet
Fair value of assets acquired and and liabilities assumed:
Cash and cash equivalents	$	1,751
Accounts receivable, net	2,030
Prepaid expenses	120
Property and equipment, net	20
Other assets	40
Operating lease right-of-use assets	149
Developed technology	3,100
Customer relationships	1,300

Goodwill	5,414
Deferred tax asset, net of valuation allowance	9,263
Accounts payable	(449)
Other accrued expenses	(136)
Short-term lease liabilities	(165)
Deferred revenue	(2,877)
State income tax liability	(159)
Deferred tax liability	(972)
Total net assets acquired	$	18,429

Total consideration	$	18,429
Hold back	(2,700)
Deferred consideration	(1,926)
Cash acquired	(1,751)
Cash paid for acquisition of business, net of cash acquired	$	12,052

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.