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 Recognized Identified Assets Acquired and Liabilities Assumed
The acquisition of Bubty was accounted for as a business combination in accordance with ASC Topic 805, Business Combinations. Accordingly, the allocation of the purchase price is as follows (in thousands):
Cash and cash equivalents$77 
Trade and client receivables71 
Intangible assets18,600 
Total assets
$18,748 
Accounts payable, accrued expenses and other liabilities
$930 
Deferred tax liability
3,614 
Total liabilities
$4,544 
Net assets
$14,204 
Goodwill
6,206 
Total purchase price consideration
$20,410 
The acquisition of Ascen was accounted for as a business combination in accordance with ASC Topic 805, Business Combinations. Accordingly, the allocation of the purchase price is as follows (in thousands):
Cash and cash equivalents
$2,688 
Trade and client receivables12,420 
Intangible assets15,000 
Other current assets2,116 
Total assets
$32,224 
Accounts payable, accrued expenses and other liabilities$9,080 
Deferred tax liability4,306 
Total liabilities
$13,386 
Net assets
$18,838 
Goodwill21,922 
Total purchase price consideration$40,760 
Schedule of Estimated Useful Lives and Fair Value of the Intangible Assets Acquired
As of the acquisition date, the fair value and expected useful lives of the identifiable intangible assets acquired were as follows (dollars in thousands):
Fair ValueExpected Useful Life
Developed technology$18,600 
5 years
As of the acquisition date, the fair value and expected useful lives of the identifiable intangible assets acquired were as follows (dollars in thousands):
Fair ValueExpected Useful Life
Customer relationship
$10,000 
3 years
Developed technology
$5,000 
5 years
Total intangibles
$15,000