v3.26.1
Acquisitions (Tables) - Vidello [Member]
 3 Months Ended
Mar. 31, 2026
Business Acquisition [Line Items]  
Summary of Preliminary Fair Value of the Consideration Transferred The fair value of the consideration transferred totaled $6,268 summarized as follows:

 

 

 

Amount

 

Cash paid at closing

 

$

2,745

 

Common stock issued to Vidello Stockholders

 

 

1,662

 

Fair value of Holdback Amount

 

 

1,861

 

Total consideration paid

 

$

6,268

 
Summary of Provisional Purchase Price Allocation Relating to Vidello Merger :

 

Assets acquired:

 

 

 

Cash and cash equivalents

 

$

68

 

Property and equipment, net

 

 

9

 

Intangible assets – customer relationships

 

 

551

 

Intangible Assets – trade name

 

 

736

 

Intangible Assets – developed technology

 

 

4,010

 

Total assets

 

$

5,374

 

Liabilities assumed:

 

 

 

Accounts payable

 

 

1

 

Accrued expenses and other current liabilities

 

 

15

 

Unearned revenue, current

 

 

448

 

Deferred tax liability

 

 

1,324

 

Taxes payable

 

 

337

 

Total liabilities

 

$

2,125

 

Total identifiable net assets

 

 

3,249

 

Goodwill recorded:

 

 

 

Goodwill

 

 

3,019

 

Total consideration

 

$

6,268

 
Summary of Intangible Assets Acquired and their Associated Estimated Useful Lives

All intangible assets acquired are subject to amortization and their associated estimated useful lives are as follows:

 

 

 

Estimated

Intangible Assets

 

Useful Life

Customer relationships

 

6 years

Trade name

 

10 years

Developed technology

 

7 - 8 years
Summary of Pro Forma Financial Information

The pro forma financial information is not necessarily indicative of the results of operations as they would have been had the transactions been effected on the assumed date:

 

 

For the Three Months Ended March 31,

 

 

2026

 

 

2025

 

Revenue

$

2,696

 

 

$

3,609

 

Cost of revenue

 

521

 

 

 

796

 

Operating expenses

 

7,955

 

 

 

7,753

 

Total other expenses (income), net

 

2,689

 

 

 

(1,337

)

Loss before income taxes attributable to common stockholders

 

(8,469

)

 

 

(3,603

)