| Schedule of Purchase Price Allocation |
The preliminary purchase price allocation was performed as of September 3, 2025 and allocated to the assets acquired and liabilities assumed based on their respective fair values, as follows (in thousands):
| | | | | | | Preliminary:
Sep 3, 2025 | | Cash paid | $ | 65,033 | | | Deferred holdback consideration | 1,150 | | | Contingent earnout consideration | 9,900 | | | Purchase price | 76,083 | | | | | Assets acquired: | | | Cash and cash equivalents | 10,431 | | | Accounts receivable | 8,626 | | | Other current assets | 1,519 | | | Contract assets and unbilled receivable, current, net | 3,586 | | | Property and equipment | 1,722 | | | Right-of-use assets | 659 | | | Contract assets and unbilled receivable, non-current, net | 3,081 | | | Other assets | 176 | | | Intangible assets | 39,500 | | | Total identified assets acquired | 69,300 | | | | | Liabilities assumed: | | | Accounts payable | 3,048 | | | Accrued liabilities | 3,508 | | | Operating lease liability, current | 241 | | | Financing lease liability, current | 298 | | | Deferred revenue | 4,155 | | | Deferred revenue, non-current | 2,300 | | | Operating lease liability, non-current | 478 | | | Other liabilities, non-current | 256 | | | Total liabilities assumed | 14,284 | | | | | Fair value of identifiable net assets acquired | $ | 55,016 | | | Goodwill acquired on acquisition | $ | 21,067 | |
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| Schedule of Acquired Finite-Lived Intangible Assets |
The following table summarizes the preliminary fair values of the identifiable intangible assets acquired (in thousands):
| | | | | | | | | | Useful life | Preliminary fair value | | Intangible Assets: | (in years) | at acquisition | | Customer relationships | 5.0 | $ | 26,700 | | | Developed Technology | 5.0 | 12,000 | | | Trademark | 2.0 | 800 | | | | $ | 39,500 | |
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