Acquisitions (Tables) - Eleviant Technologies, Inc. ("Eleviant") [Member]

6 Months Ended

Jun. 30, 2023

Business Acquisition [Line Items]

Summary of Acquisition Date Fair Value of Consideration

The acquisition fair value of the consideration for the acquisition of Eleviant consisted of the following as of September 29, 2022:

(amounts in thousands)
Cash consideration	$	17,382
Share issuance		1,178
Stock option issuance - 3 month vest		166
Stock option issuance - 12 month vest		225
Working capital adjustment		(82	)
Fair value of contingent consideration		4,000
Fair value of purchase consideration	$	22,869

Summary of Allocation of Aggregate Purchase Consideration to Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the aggregate purchase price consideration to the fair value of the assets acquired and liabilities assumed as of September 29, 2022:

(amounts in thousands)
Assets Acquired:
Cash	$	755
Accounts receivable		1,605
Prepaids and other current assets		178
Property and equipment, net		437
Taxes receivable		48
Acquired intangibles		7,250
Goodwill		17,357
Total assets acquired	$	27,630
Liabilities Assumed:
Accounts payable	$	492
Short-term debt		601
Accrued compensation		355
Other current liabilities		205
Long-term debt		982
Deferred compensation benefits		324
Deferred tax liability		1,802
Total liabilities assumed	$	4,761
Net assets acquired	$	22,869

Summary of Intangible Assets Acquired

The intangible assets acquired in this acquisition consisted of the following:

(amounts in thousands)	Fair Value		Estimated Useful Life
Technology	$	550	10 years
Customer relationships		6,700	10 years
Fair value of purchase consideration	$	7,250