Business Acquisitions (Tables)

6 Months Ended

Jun. 30, 2023

Business Acquisition [Line Items]

Summary of Supplemental Unaudited Pro-Forma Information

The unaudited condensed consolidated financial information summarized in the following table gives effect to the 2023 and the 2022 acquisitions discussed above assuming they occurred on January 1, 2022. These unaudited consolidated pro-forma operating results do not assume any impact from revenue, cost or other operating synergies that are expected or may have been realized as a result of the acquisitions. These unaudited consolidated pro-forma operating results are presented for illustrative purposes only and are not indicative of the operating results that would have been achieved had the acquisitions occurred on January 1, 2022, nor does the information purport to reflect results for any future period.

	For the Three Months Ended June 30,
	2023									2022
	As reported			Acquisitions Pro-Forma (Unaudited)			Consolidated Pro-Forma (Unaudited)			As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma (Unaudited)
Revenues	$	159,101		$	9,851		$	168,952		$	139,910		$	24,159	$	164,069
Net (loss) income		(7,174	)		(225	)		(7,399	)		(7,751	)		1,368		(6,383	)
	For the Six Months Ended June 30,
	2023									2022
	As reported			Acquisitions Pro-Forma (Unaudited)			Consolidated Pro-Forma (Unaudited)			As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma
Revenues	$	290,529		$	24,622		$	315,151		$	274,590		$	42,910	$	317,500
Net (loss) income		(21,893	)		358			(21,535	)		(15,287	)		1,470		(13,817	)

Matrix, Frontier, EAI, GreenPath

Business Acquisition [Line Items]

Summary of Main Elements of Purchase Price of Acquisitions

The following table summarizes the elements of the purchase price of the acquisitions completed during the six months ended June 30, 2023:

	Cash		Common Stock		Other Purchase Price Components			Contingent Consideration		Total Purchase Price
Matrix	$	46,563	$	—	$	2,019	(1)	$	—	$	48,582
All other 2023 acquisitions		18,774		2,598		111			25		21,508
Total	$	65,337	$	2,598	$	2,130		$	25	$	70,090

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(1)Includes $1.3 million in holdback amounts payable to the seller. Cash funds to be used for payment have been classified as restricted cash in the Company's unaudited condensed consolidated statement of financial position.

Summary of Purchase Price Attributable to Acquisitions

The preliminary purchase price attributable to the acquisitions was allocated as follows:

	Matrix(1)		All other 2023 acquisitions(1)		Total(1)
Cash	$	1,524	$	763	$	2,287
Accounts receivable and contract assets		15,752		3,119		18,871
Other current assets		2,094		369		2,463
Current assets		19,370		4,251		23,621
Property and equipment		2,231		1,492		3,723
Operating lease right-of-use asset		14,760		46		14,806
Customer relationships		—		6,797		6,797
Trade names		—		151		151
Covenants not to compete		—		454		454
Other intangible assets		—		444		444
Goodwill		36,118		8,763		44,881
Total assets		72,479		22,398		94,877
Current liabilities		11,267		858		12,125
Operating lease liability—net of    current portion		12,500		32		12,532
Other non-current liabilities		130		—		130
Total liabilities		23,897		890		24,787
Purchase price	$	48,582	$	21,508	$	70,090

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(1) The Company is continuing to obtain information to complete the valuation of certain of these acquisitions' assets and liabilities.