v3.26.1
Business Acquisition (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination [Abstract]  
Summary of fair value of assets acquired as of the acquisition date

The following table summarizes the fair value of identifiable intangible assets acquired as of the acquisition date (in thousands):

Category

Estimated life
(in years)

Fair value

 

Finite-lived intangible assets

 

 

 

Customer relationships

5

$

260

 

Developed technology

5

 

50

 

Market related intangibles

5

 

30

 

Total identifiable intangible assets acquired

 

$

340

 
Schedule of the preliminary purchase price allocation recorded

The following table represents the preliminary purchase price allocation recorded in the Company's unaudited condensed consolidated balance sheet as of the acquisition date (in thousands):

 

Amount

 

Fair value of consideration transferred

$

-

 

Less: Fair value of identifiable net assets acquired

 

(340

)

Gain on bargain purchase

$

340