Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the purchase consideration and the Company’s preliminary estimate of acquisition date fair values of the assets acquired and the liabilities assumed for the acquisition of UMS made by the Company. The following table also summarizes the aggregate consideration for UMS as of September 30, 2018 (in thousands):

	UMS
Assets acquired
Accounts receivable		3,834
Other assets		1,383
Property and equipment		27
Trade names		520
Acquired technology		1,460
Customer relationships		13,800
Goodwill		20,201
Total assets acquired	$	41,225
Liabilities assumed
Accounts payable and accrued expenses		3,981
Deferred revenue		5,210
Other liabilities		150
Net assets acquired	$	31,884
Consideration paid
Cash paid, net of cash acquired		31,884
Total	$	31,884

Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the purchase consideration and the Company’s preliminary estimate of acquisition date fair values of the assets acquired and the liabilities assumed for the acquisition of PlanetRisk made by the Company. The following table also summarizes the aggregate consideration for PlanetRisk as of September 30, 2018 (in thousands):

	PlanetRisk
Assets acquired
Accounts receivable		2,862
Property and equipment		488
Acquired technology		160
Customer relationships		1,100
Goodwill		1,205
Total assets acquired	$	5,815
Liabilities assumed
Accounts payable and accrued expenses		694
Deferred revenue		2,810
Other liabilities		290
Net assets acquired	$	2,021
Consideration paid
Cash paid, net of cash acquired		2,021
Total	$	2,021

Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the purchase consideration and the Company’s preliminary estimate of acquisition date fair values of the assets acquired and the liabilities assumed for the acquisition of Respond made by the Company. The following table also summarizes the aggregate consideration for Respond as of September 30, 2018 (in thousands):

	Respond
Assets acquired
Accounts receivable		86
Other assets		87
Property and equipment		19
Trade names		80
Acquired technology		160
Customer relationships		1,100
Goodwill		1,488
Total assets acquired	$	3,020
Liabilities assumed
Accounts payable and accrued expenses		208
Deferred revenue		220
Other liabilities		257
Net assets acquired	$	2,335
Consideration paid
Cash paid, net of cash acquired		1,952
Note payable		383
Total	$	2,335

Summary of Unaudited Pro Forma Results of Operations

The following unaudited pro forma statement of operations data presents the results of the Company’s acquisition of IDV completed during the year ended December 31, 2017, assuming that the business acquisition was completed during 2017 and had occurred on January 1, 2017. The unaudited pro forma statement of operations data below includes adjustments for additional amortization expense related to acquired intangible assets and depreciation assuming the 2017 acquisitions had occurred on January 1, 2017.

	Revenue		Net income (loss)
Results of acquired business included in the nine months ended (in thousands):
From the acquisition date to September 30, 2017	$	4,900	$	(2,274	)
For the nine months ended September 30, 2017 pro forma	$	5,437	$	(2,419	)

	Three Months Ended September 30,			Nine Months Ended September 30,
	2017			2017
Basic and diluted earnings per share pro forma	$	(0.02	)	$	(0.09	)