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Acquisition (Tables) | 9 Months Ended
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Sep. 30, 2022
Business Combinations [Abstract] |
Schedule of recognized identified assets acquired and liabilities assumed | The total consideration from the acquisition was preliminarily allocated as follows:
(In thousands) |  | Total
Cash and cash equivalents |  | $ | 209 |
Accounts receivable |  | 1,088 |
Unbilled receivables |  | 239 |
Prepaid expenses and other current assets |  | 16 |
Identified intangible assets |  | 5,000 |
Goodwill |  | 12,069 |
Accounts payable |  | (55) |
Deferred revenue |  | (578) |
Income taxes payable |  | (466) |
Deferred tax liability |  | (1,325) |
Other current liabilities |  | (56) |
Total |  | $ | 16,141 |
Schedule of finite-lived intangible assets acquired as part of business combination | The identified intangible assets assumed in the acquisition of Hardent were recognized as follows based upon their estimated fair values as of the acquisition date:
| Total |  | Estimated Weighted-Average Useful Life
| (in thousands) |  | (in years)
Existing technology | $ | 4,800 |  |  | 5 years
Customer contracts and contractual relationships | 200 |  |  | 2 years
Total | $ | 5,000 |  |  |
Business acquisition, pro forma information | Additionally, the pro forma financial results do not include any anticipated synergies or other expected benefits from the acquisition:
|  | Three Months Ended |  | Nine Months Ended |  |
|  | September 30, |  | September 30, |  |  |  |
(In thousands) |  | 2022 |  | 2021 |  | 2022 |  | 2021 |  |  |  |
Total revenue |  | $ | 112,244 |  |  | $ | 83,057 |  |  | $ | 335,485 |  |  | $ | 242,354 |  |  |  |  |
Net income (loss) |  | $ | 1,170 |  |  | $ | 4,355 |  |  | $ | (29,228) |  |  | $ | 12,633 |  |  |  |  |

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- Definition Tabular disclosure of the nature and amount of any material, nonrecurring adjustments directly attributable to the business combination(s) included in the reported pro forma revenue and earnings (supplemental pro forma information). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(4) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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