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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2021
FastPay  
Business Acquisition [Line Items]  
Summary of Preliminary Purchase Price Allocated to Assets Acquired and Liabilities Assumed Based on their Estimated Fair Values

In allocating the preliminary purchase price, the Company recorded the following assets acquired and liabilities assumed based on their estimated fair values at the date of the acquisition:

Consideration transferred

 

 

 

Closing cash consideration, net of cash acquired

 

$

46,089

 

Common stock consideration

 

 

31,000

 

Contingent consideration

 

 

1,880

 

Deferred payment obligation

 

 

792

 

Call option

 

 

(4,118

)

Fair value of total consideration transferred

 

$

75,643

 

 

Recognized amounts of identifiable assets acquired and liabilities assumed

 

 

 

Current assets

 

$

2,115

 

Property and equipment

 

 

118

 

Operating lease right-of-use assets

 

 

561

 

Other noncurrent assets and deposits

 

 

90

 

Intangible assets

 

 

 

Customer relationships

 

 

18,000

 

Acquired technology

 

 

14,000

 

Trade name

 

 

2,500

 

Non-compete agreements

 

 

2,100

 

Goodwill

 

 

60,225

 

Total identifiable assets acquired

 

 

99,709

 

Accounts payable

 

 

3,241

 

Accrued expenses

 

 

15,457

 

Lease liabilities

 

 

561

 

Deferred tax liability

 

 

4,807

 

Total liabilities assumed

 

 

24,066

 

Purchase price paid, net of cash acquired

 

$

75,643

 

Core Associates  
Business Acquisition [Line Items]  
Summary of Preliminary Purchase Price Allocated to Assets Acquired and Liabilities Assumed Based on their Estimated Fair Values

In allocating the purchase price, the Company recorded the following assets acquired and liabilities assumed based on their estimated fair values at the date of the acquisition:

Current assets

 

 

 

Other assets

 

$

658

 

Intangible assets

 

 

 

Customer relationships

 

 

3,700

 

Acquired technology

 

 

5,700

 

Trade name

 

 

2,500

 

Goodwill

 

 

14,766

 

Total identifiable assets acquired

 

 

27,324

 

Accounts payable

 

 

266

 

Accrued expenses

 

 

150

 

Deferred revenue

 

 

2,500

 

Total liabilities assumed

 

 

2,916

 

Purchase price paid, net of cash acquired

 

$

24,408

 

BankTEL  
Business Acquisition [Line Items]  
Summary of Preliminary Purchase Price Allocated to Assets Acquired and Liabilities Assumed Based on their Estimated Fair Values

In allocating the purchase price, the Company recorded the following assets acquired and liabilities assumed based on their estimated fair values at the date of the acquisition:

Current assets

 

$

2,965

 

Property and equipment

 

 

92

 

Other assets

 

 

8

 

Intangible assets

 

 

 

Customer relationships

 

 

36,780

 

Acquired technology

 

 

9,070

 

Trade name

 

 

2,258

 

Goodwill

 

 

65,019

 

Total identifiable assets acquired

 

 

116,192

 

Accounts payable

 

 

93

 

Accrued expenses

 

 

205

 

Deferred revenue

 

 

546

 

Total liabilities assumed

 

 

844

 

Purchase price paid, net of cash acquired

 

$

115,348