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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2023
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table presents management’s final 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:
(in thousands) |  | Year Ended December 31, 2021 |
Total revenue |  | $ | 219,071 |
Net loss |  |  | (88,680 | )

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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 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + 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 -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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