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Acquisition (Tables) | 3 Months Ended
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Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table presents management's final purchase price allocation for the Punchh Acquisition:
(in thousands) | Purchase price allocation
Cash | $ | 22,714 |
Accounts receivable | 10,214 |
Property and equipment | 592 |
Lease right-of-use assets | 2,473 |
Developed technology | 84,600 |
Customer relationships | 7,500 |
Indemnification assets | 2,109 |
Trade name | 5,800 |
Prepaid and other acquired assets | 2,764 |
Goodwill | 415,055 |
Total assets | 553,821 |
Accounts payable and accrued expenses | 15,617 |
Deferred revenue | 10,298 |
Loan payables | 3,508 |
Lease liabilities | 2,787 |
Indemnification liabilities | 2,109 |
Deferred taxes | 11,794 |
Consideration paid | $ | 507,708 |
Schedule of Pro Forma Financial Information | The following table summarizes the Company's unaudited pro forma operating results for the three months ended March 31:
(in thousands) |  |  |  | 2021
Total revenue |  |  |  | $ | 62,535 |
Net loss |  |  |  | $ | (11,092) |
The unaudited pro forma results presented above are for illustrative purposes only and do not reflect the realization of potential cost savings, and any related integration costs. Certain cost savings may result from the Punchh Acquisition; however, there can be no assurance that these cost savings will be achieved. The unaudited pro forma results do not purport to be indicative of the results that would have been obtained, or to be a projection of results that may be obtained in the future.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + 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 http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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