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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table presents management's preliminary purchase price allocation:
(in thousands) | Purchase price allocation
Cash | $ | 843
Accounts receivable | 209
Property and equipment | 204
Developed technology | 10,700
Prepaid and other acquired assets | 221
Goodwill | 28,495
Total assets | 40,672
Accounts payable and accrued expenses | 1,300
Deferred revenue | 443 |
Earn-out liability | 14,200 |
Consideration paid | $ | 24,729 |
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 |
Trade name | 5,800 |
Indemnification assets | 2,109 |
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 results of operations:
|  | Year Ended December 31,
(in thousands) |  | 2021 |  | 2020
Total revenue |  | $ | 291,596 |  |  | $ | 241,015 |
Net loss |  | (79,079) |  |  | (49,370) |

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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 https://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 https://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 https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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