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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Consideration Paid and Fair Value of Tangible and Intangible Net Assets Acquired
The table below sets forth the purchase consideration and the preliminary allocation used to estimate the fair value of the tangible and intangible net assets acquired (in thousands):
September 23, 2022
Calculation of Purchase Consideration:
Cash paid, net of working capital adjustment$31,840 
Outstanding principal and interest of loan provided to Noonlight1,537 
Holdback consideration4,910 
Total consideration$38,287 
Estimated Tangible and Intangible Net Assets:
Cash$188 
Accounts receivable 291 
Other current and non-current assets200 
Property and equipment45 
Deferred tax assets272 
Developed technology9,335 
Trade names150 
Accounts payable(321)
Accrued expenses and other current liabilities(318)
Deferred revenue(67)
Redeemable noncontrolling interest(6,770)
Goodwill35,282 
Total tangible and intangible net assets$38,287 
The table below sets forth the purchase consideration and the fair value allocation of the tangible and intangible net assets acquired (in thousands):
December 14, 2020
Calculation of Purchase Consideration:
Cash paid, net of working capital adjustment$26,577 
Total consideration$26,577 
Tangible and Intangible Net Assets:
Cash$311 
Accounts receivable 1,179 
Inventory917 
Other current assets240 
Property and equipment77 
Operating lease right-of-use assets384 
Other assets348 
Customer relationships2,362 
Developed technology13,522 
Trade name512 
Accounts payable(19)
Accrued expenses(111)
Operating lease current liabilities(51)
Operating lease liabilities(333)
Goodwill7,239 
Total tangible and intangible net assets$26,577 
Schedule of Unaudited Pro Forma Financial Information and Business Combinations in Operations
The pro forma adjustments were based on available information and upon assumptions that we believe are reasonable to reflect the impact of these acquisitions on our historical financial information on a supplemental pro forma basis, as follows (in thousands, except per share data):
Pro Forma
Year Ended December 31,
20202019
Revenue$626,080 $508,662 
Net income attributable to common stockholders75,258 52,999 
Net income attributable to common stockholders per share - basic$1.54 $1.08 
Net income attributable to common stockholders per share - diluted$1.48 $1.04 
The following table presents the revenue and losses of the business combination in the year of acquisition as reported within the consolidated financial statements (in thousands):
Year Ended December 31, 2020
Revenue$334 
Net loss(413)