Acquisition (Tables)

9 Months Ended

Sep. 30, 2020

Business Combinations [Abstract]

Summary of Purchase Consideration

The elements of the purchase consideration are as follows:

Cash paid	$	807,591
Fair value of GHH, LLC Class A and B Common Units issued	306,000
Fair value of contingent consideration liability	172,000
Total consideration	$	1,285,591

Summary of Purchase Price Allocation

The components of the purchase price allocation are as follows:

Net working capital	$	18,787
Commission receivable – non-current	113,565
Property and equipment	4,442
Other noncurrent assets	218
Other noncurrent liabilities	(963)
Trade names	83,000
Developed technology	496,000
Customer relationships	232,000
Goodwill	386,553
Deferred revenue	(3,283)
Commissions payable – non-current	(44,728)
Total consideration transferred	$	1,285,591