Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Asset Acquisition

The following table summarizes the components of consideration and the preliminary estimated fair value of assets acquired (in thousands):

Consideration Transferred:
Cash consideration	$ 12,000
Share consideration(1)	19,186
Total consideration	$ 31,186
Estimated Assets Acquired and Liabilities Assumed:
Asset acquired:
Software technology	$ 2,973
Trade name	217
Customer relationships	1,410
Goodwill	26,686
Total assets acquired	31,286
Liabilities assumed:
Other current liabilities	(100)
Total net assets acquired	$ 31,186

(1)
The fair value of share consideration issued in connection with the Spout acquisition was calculated based on 1,244,258 shares of Class A common stock issued multiplied by the share price on the closing date of $15.42.

Schedule of Business Acquisitions

The following table summarizes the components of consideration and the preliminary estimated fair value of assets acquired (in thousands):

Consideration Transferred:
Cash consideration(1)	$ 5,000
Share consideration(2)	10,126
Total consideration	$ 15,126
Estimated Assets Acquired:
Software technology	$ 249
Trade name	59
Customer relationships	170
Goodwill	14,648
Total asset acquired	$ 15,126

(1)
Includes holdback of $100 million recorded within other current liabilities on the Company’s consolidated balance sheets.

(2)
The fair value of share consideration issued in connection with the TLH acquisition was calculated based on 694,540 shares of Class A common stock issued multiplied by the share price on the closing date of $14.58.