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Business Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Combinations [Abstract] |
Summary of Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the fair values of assets acquired and liabilities assumed as of respective acquisition dates (dollars in thousands):
|  | Coding Dojo |  |  | CalSouthern |  |  | Hippo |  |  | DigitalCrafts |
|  | December 1, 2022 |  |  | July 1, 2022 |  |  | September 10, 2021 |  |  | August 2, 2021 |
Assets: |  | (preliminary) |  |  |  |  |  |  |  |  |  |
Cash |  | $ | - |  |  | $ | - |  |  | $ | 93 |  |  | $ | - |
Student receivables, net |  |  | 5,745 |  |  |  | 3,214 |  |  |  | 202 |  |  |  | 1,777 |
Prepaid and other assets |  |  | 408 |  |  |  | 290 |  |  |  | 25 |  |  |  | 4 |
Property, equipment and ROU assets |  |  | 552 |  |  |  | - |  |  |  | 27 |  |  |  | - |
Intangible assets subject to amortization |  |  |  |  |  |  |  |  |  |  |  |
Trade name |  |  | 5,100 |  |  |  | 1,480 |  |  |  | 3,340 |  |  |  | 740 |
Customer relationships |  |  | 1,260 |  |  |  | 14,530 |  |  |  | 14,100 |  |  |  | 200 |
Course curriculum |  |  | - |  |  |  | 1,390 |  |  |  | - |  |  |  | - |
Developed technology |  |  | 6,030 |  |  |  | - |  |  |  | 1,960 |  |  |  | 830 |
Goodwill |  |  | 59,405 |  |  |  | 21,556 |  |  |  | 27,790 |  |  |  | 16,477 |
Total assets acquired |  | $ | 78,500 |  |  | $ | 42,460 |  |  | $ | 47,537 |  |  | $ | 20,028 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable and other accrued liabilities |  | $ | 2,069 |  |  | $ | 4 |  |  | $ | 315 |  |  | $ | 268 |
Deferred revenue |  |  | 10,324 |  |  |  | 2,419 |  |  |  | 3,952 |  |  |  | 1,404 |
Deferred tax liability, net |  |  | 1,221 |  |  |  | - |  |  |  | - |  |  |  | - |
Total liabilities assumed |  | $ | 13,614 |  |  | $ | 2,423 |  |  | $ | 4,267 |  |  | $ | 1,672 |
Net assets acquired |  | $ | 64,886 |  |  | $ | 40,037 |  |  | $ | 43,270 |  |  | $ | 18,356 |

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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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