Acquisitions (Tables)

6 Months Ended

Jun. 30, 2026

Business Combination [Abstract]

Schedule of Fair Values of the Indentifiable Assets Acquired and Liabilities Assumed

A summary of preliminary fair values of the Newfront identifiable assets acquired and liabilities assumed at January 27, 2026 are summarized in the following table. We have prepared analyses necessary to assess the fair values of the assets acquired and liabilities assumed and the amount of goodwill and consideration to be recognized as of the acquisition date. These fair values were based on management’s estimates and assumptions, but are preliminary in nature and are subject to adjustment as additional information is obtained about the facts and circumstances that existed as of the acquisition date. Accordingly, there may be adjustments to the assigned values of acquired assets and liabilities assumed. The final determination of acquisition date fair values and residual goodwill will be completed as soon as practicable, and within the measurement period of up to one year from the acquisition date as permitted under U.S. GAAP. Any adjustments to provisional amounts that are identified during the measurement period will be recorded in the reporting period in which the adjustment is determined.

During the second quarter of 2026, the Company made adjustments to its preliminary fair values related to the valuation of consideration transferred in the form of share-based compensation and contingent consideration, and adjusted both the values of intangible assets, deferred taxes and goodwill.


Cash and cash equivalents		$	95
Fiduciary assets			42
Accounts receivable, net			41
Prepaid and other current assets			7
Right-of-use assets			4
Intangible assets			264
Goodwill			682
Other noncurrent assets			3
Deferred revenue and accrued expenses			(28	)
Fiduciary liabilities			(42	)
Other current liabilities			(7	)
Deferred tax liabilities			(6	)
Lease liabilities			(4	)
Net assets acquired		$	1,051

A summary of preliminary fair values of the identifiable assets acquired and liabilities assumed of Cushon at April 30, 2026 are summarized in the following table. We have prepared analyses necessary to assess the fair values of the assets acquired and liabilities assumed and the amount of goodwill and consideration to be recognized as of the acquisition date. These fair values were based on management’s estimates and assumptions, but are preliminary in nature and are subject to adjustment as additional information is obtained about the facts and circumstances that existed as of the acquisition date. Accordingly, there may be adjustments to the assigned values of acquired assets and liabilities assumed. The final determination of acquisition date fair values and residual goodwill will be completed as soon as practicable, and within the measurement period of up to one year from the acquisition date as permitted under U.S. GAAP. Any adjustments to provisional amounts that are identified during the measurement period will be recorded in the reporting period in which the adjustment is determined.


Cash and cash equivalents		$	12
Accounts receivable, net			3
Prepaid and other current assets			18
Intangible assets			111
Goodwill			131
Deferred revenue and accrued expenses			(10	)
Other current liabilities			(1	)
Deferred tax liabilities			(28	)
Net assets acquired		$	236