Business Acquisitions (Tables)

3 Months Ended

Mar. 31, 2024

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 2024 and the 2023 acquisitions discussed above assuming they occurred on January 1, 2023. 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, 2023, nor does the information purport to reflect results for any future period.

	For the Three Months Ended March 31,
	2024								2023
	As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma (Unaudited)			As reported			Acquisitions Pro-Forma (Unaudited)			Consolidated Pro-Forma (Unaudited)
Revenues	$	155,325		$	3,025	$	158,350		$	131,428		$	23,646		$	155,074
Net (loss) income		(13,357	)		1,336		(12,021	)		(14,719	)		(897	)		(15,616	)

EPIC, Two Dot

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 three months ended March 31, 2024:

	Cash		Common Stock		Other Purchase Price Components		Contingent Consideration		Total Purchase Price
EPIC	$	19,914	$	4,748	$	678	$	11,113	$	36,453
2DOT		39,393		1,832		—		24,652		65,877
Total	$	59,307	$	6,580	$	678	$	35,765	$	102,330

Summary of Purchase Price Attributable to Acquisitions

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

	EPIC		2DOT		Total(1)
Cash	$	1,045	$	143	$	1,188
Accounts receivable and contract assets		1,772		2,003		3,775
Other current assets		78		278		356
Current assets		2,895		2,424		5,319
Property and equipment		43		111		154
Operating lease right-of-use asset		1		301		302
Goodwill		35,199		64,050		99,249
Total assets		38,138		66,886		105,024
Current liabilities		1,685		816		2,501
Operating lease liability—net of current portion		—		193		193
Total liabilities		1,685		1,009		2,694
Purchase price	$	36,453	$	65,877	$	102,330

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