v3.26.1
BUSINESS COMBINATION - Schedule of Allocation of the Merger Consideration to Tangible and Intangible Assets Acquired and Liabilities Assumed on Acquisition Date (Details) - USD ($)
$ in Millions
Jun. 30, 2026
May 11, 2026
Dec. 31, 2025
Liabilities Assumed      
Goodwill $ 182.7   $ 0.0
Udemy, Inc.      
Assets Acquired      
Cash and cash equivalents   $ 212.5  
Marketable securities   109.8  
Accounts receivable   97.4  
Deferred costs   0.6  
Prepaid expenses and other current assets   31.0  
Property, equipment, and software   6.1  
Intangible assets   417.1  
Other assets   20.9  
Total assets acquired   895.4  
Liabilities Assumed      
Content liabilities   20.2  
Other accounts payable and accrued expenses   24.7  
Accrued compensation and benefits   23.4  
Other current liabilities   17.2  
Deferred revenue   314.4  
Other liabilities   4.6  
Total liabilities assumed   404.5  
Net assets acquired   490.9  
Goodwill   182.7  
Total Merger consideration   $ 673.6