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Acquisition (Tables)
9 Months Ended
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents management's preliminary purchase price allocation:
(in thousands)Purchase price allocation
Cash$22,714 
Accounts receivable10,214 
Property and equipment592 
Lease right-of-use assets2,473 
Developed technology84,600 
Customer relationships7,500 
Indemnification assets2,224 
Trade name5,800 
Prepaid and other acquired assets2,764 
Goodwill417,981 
Total assets556,862 
Accounts payable and accrued expenses15,827 
Deferred revenue11,125 
Loan payables3,508 
Lease liabilities2,787 
Indemnification liabilities2,224 
Deferred taxes14,162 
Consideration paid$507,229 
Schedule of Pro Forma Financial Information
The following table summarizes the Company's unaudited pro forma operating results:
Three Months
Ended September 30,
Nine Months Ended
September 30,
(in thousands)202020212020
Total revenue$61,483 $209,997 $174,312 
Net loss$(5,876)$(53,440)$(32,073)