Acquisitions and Equity Investments (Tables)

3 Months Ended

Mar. 31, 2024

Business Combinations [Abstract]

Summary of Purchase Price Allocation

The purchase price allocation is as follows (in thousands):

Purchase price	$	125,002
Less: acquired cash		(2,685	)
Purchase price, net of acquired cash		122,317
Intangible assets		(38,900	)
Accounts receivable		(2,637	)
Prepaid expenses and other assets		(4,181	)
Accounts payable, accrued expenses and other liabilities		5,318
Goodwill	$	81,917

Summary of Fair Value of Acquired Intangible Assets

The fair values of the intangible assets acquired are as follows (in thousands, except for useful lives):

	Costs		Useful Lives
Developed technology	$	28,500	7 years
Customer relationships		9,200	15 years
Tradename - finite life		1,200	15 years
Total	$	38,900