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Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination [Abstract]  
Summary of Purchase Consideration

The purchase consideration consisted of the following:

 

 

Fair Value

 

 

 

(in thousands, except share)

 

Cash

 

$

163,686

 

JFrog’s ordinary shares (377,181 shares)

 

 

13,420

 

Replacement restricted share units (1)

 

 

375

 

Total

 

$

177,481

 

_________________________________________

(1) The replacement restricted share units (“RSU”) had a total fair value of $8.9 million, of which $0.4 million attributable to pre-acquisition service was part of the purchase consideration. The remaining $8.5 million is recognized as share-based compensation expense over the vesting period of approximately 4 years.
Summary of Fair Value of Assets Acquired and Liabilities

The following table summarizes the fair value of assets acquired and liabilities assumed:

 

 

July 9, 2024

 

 

 

(in thousands)

 

Cash, cash equivalents and restricted cash

 

$

6,972

 

Other current assets

 

 

826

 

Intangible assets

 

 

52,636

 

Goodwill

 

 

123,557

 

Other noncurrent assets

 

 

118

 

Current liabilities

 

 

(2,252

)

Deferred tax liabilities, net

 

 

(4,376

)

Total purchase consideration

 

$

177,481

 
Summary of Components of Identifiable Intangible Assets Acquired and their Estimated Useful Lives The following table presents components of the identified intangible assets acquired and their estimated useful lives as of the date of acquisition:

 

 

Fair Value

 

 

Useful Life

 

 

 

(in thousands)

 

 

(in years)

 

Developed technology

 

$

48,662

 

 

 

5.0

 

Customer relationships

 

 

3,974

 

 

 

1.0

 

Total intangible assets acquired

 

$

52,636