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Acquisitions (Tables) - EASO Transaction [Member]

3 Months Ended

Mar. 31, 2025

Schedule of Preliminary Purchase Price Allocation to Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary purchase price allocation to the assets acquired and liabilities assumed as of the date of the investment agreement (in thousands):

	October 23, 2024
Cash and cash equivalents	$	2,018
Accounts receivable trade, net		15,138
Other receivables		8,258
Prepaid taxes		1,174
Prepaid expenses and other current assets		1,790
Property and equipment, net		15,770
Right-of-use assets - operating leases		1,647
Other intangibles		36,661
Goodwill		41,195
Other non-current assets		243
Total assets acquired	$	123,894
Accounts payable trade	$	9,976
Accounts payable other		3,844
Accrued payroll		526
Accrued other		841
Lease liability - operating leases (current)		336
Current portion of long-term debt		1,031
Long-term debt		2,017
Lease liability - operating leases (non-current)		1,311
Deferred taxes		300
Total liabilities assumed	$	20,182
Total purchase price allocation	$	103,712
Less: non-controlling interests		48,996
Consideration transferred for 51% ownership		54,716
Less: contingent consideration due to sellers		3,721
Cash contributed for 51% ownership		50,995
Less: cash and cash equivalents acquired		2,018
Less: deferred cash consideration		28,436
Cash paid, net	$	20,541

Schedule of Preliminary Estimated Acquisition Date Fair Value of Consideration Transferred And Purchase Price Allocation

The following table summarizes the preliminary estimated acquisition date fair value of consideration transferred and purchase price allocation.

	October 23, 2024
Cash	$	22,559
Deferred cash consideration		28,436
Contingent consideration		3,721
Total consideration transferred		54,716
Non-controlling interests		48,996
Total purchase price allocation	$	103,712

Schedule of Components of Other Intangibles Acquired

The components of “Other intangibles” listed in the above table as of the transaction date are preliminarily estimated based on prior acquisitions as follows (in thousands):

	Closing Date				Accumulated				Balance at			Estimated Useful
	Amount				Amortization				March 31, 2025			Life
Customer relationships	$	31,661			$	1,283			$	30,378		10 years
Trade name		5,000				139				4,861		15 years
Subtotal	$	36,661			$	1,422				35,239
Effect of translation										(902	)
Ending Balance									$	34,337

Schedule of Amortization Expense

Amortization expense related to EASO investment agreement for the next five years is estimated as follows (in thousands):

		Total
2025 (Remainder of year)		$	2,543
2026			3,390
2027			3,390
2028			3,390
2029			3,390

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