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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents management's 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 
Trade name5,800 
Indemnification assets2,224 
Prepaid and other acquired assets2,764 
Goodwill416,092 
Total assets$554,973 
Accounts payable and accrued expenses15,827 
Deferred revenue11,125 
Loan payables3,508 
Lease liabilities2,787 
Indemnification liabilities2,224 
Deferred taxes11,794 
Consideration paid$507,708 
The fair values assigned to the assets acquired and liabilities assumed in the Drive-Thru Acquisition and the Restaurant Magic Acquisition and presented in the table below were based on management's best estimates and assumptions at the conclusion of the measurement period for each respective transaction:

(in thousands)Purchase Price Allocation
Drive-ThruRestaurant MagicTotal
Developed technology$1,200 $16,400 $17,600 
Customer relationships3,600 1,100 4,700 
Trade name— 900 900 
Trademark510 — 510 
Tangible assets— 1,344 1,344 
Goodwill2,390 27,773 30,163 
Property, plant, and equipment - net712 — 712 
Total assets8,412 47,517 55,929 
Accounts payable and accrued expenses— 629 629 
Warranty liability1,412 — 1,412 
Deferred revenue— 715 715 
Earn-Out liability— 3,340 3,340 
Consideration paid$7,000 $42,833 $49,833 
Schedule of Pro Forma Financial Information
The following table summarizes the Company's unaudited pro forma operating results:
Year Ended
December 31,
(in thousands)20212020
Total revenue$291,596 $241,015 
Net loss(79,079)(49,370)
The following table summarizes the Company's unaudited pro forma operating results had the Restaurant Magic Acquisition and the Drive-Thru Acquisition each been consummated at January 1, 2019.
 (in thousands)Year Ended
December 31, 2019
Total revenue$208,802