v3.26.1
BUSINESS COMBINATION (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Consideration Transferred for Acquisition
The preliminary purchase price consideration allocated to the assets acquired and liabilities assumed for the Acquisition is as follows (in thousands):
JANUARY 14, 2026
Cash consideration paid at closing
$14,121 
Stock consideration
19,016 
Cash payments to settle vested awards
971
Contingent consideration
9,018 
Total purchase consideration
$43,126 
Schedule of Identifiable Assets Acquired and Liabilities and Weighted-average Useful Life
The purchase price is allocated to identifiable assets acquired and liabilities assumed based on their fair values on the Acquisition Date, including measurement period adjustment, as follows (in thousands):
Amount
Cash
$3,914 
Accounts receivable
1,415 
Prepaid expenses and other current assets
206 
Property and equipment, net
34 
Intangibles
18,070 
Total assets acquired
23,639 
Accounts payable
1,007 
Deferred revenue, current
2,910 
Accrued expenses and other current liabilities
3,063 
Deferred tax liability
4,103 
Deferred revenue, noncurrent
551 
Total liabilities assumed
11,634 
Total identifiable net assets
12,005 
Goodwill
31,121 
Total purchase consideration
$43,126 
The Company may obtain additional information about facts and circumstances that existed as of the Acquisition Date during the remainder of the measurement period, which may not exceed 12 months from the Acquisition Date. Changes to amounts recorded as assets and liabilities may result in a corresponding adjustment to goodwill during the respective measurement period.
The following table summarizes the fair value of the identifiable intangible assets acquired (in thousands) and useful lives:
Amount
Useful Lives
Developed technology
$9,600 7 years
Customer relationships
8,300 8 years
Trade name
170 1 year
Total acquired intangibles with definite lives
$18,070