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Business Combinations (Tables) | 12 Months Ended
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Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Earnout Payments | The following table summarizes the first of the Earnout Payments (amounts in thousands):
| For the twelve months ended September 30,
| 2022
Payment of Year 1 earnout cash | $ | 6,770 |
Payment of Year 1 earnout cash (escrow) | 886
Total Year 1 Cash Earnout | 7,656
Payment of Year 1 earnout Common Stock | 1,526
Payment of Year 1 earnout Common Stock (escrow) | 310
Total Year 1 Common Stock Earnout | 1,836
Total Year 1 Earnout Payments | $ | 9,492 |
Schedule of Estimated Fair Values of Assets acquired and Liabilities Assumed | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed from the ID R&D Acquisition and HooYu Acquisition as of September 30, 2022 (amounts in thousands):
| ID R&D |  | HooYu |  |
Accounts receivable | $ | 173 |  |  | $ | 1,234 |  |  |
Property, plant, and equipment | 114 |  |  | 504 |  |  |
Other current assets | 147 |  |  | 630 |  |  |
Intangible assets | 16,930 |  |  | 73,100 |  |  |
Goodwill | 27,748 |  |  | 74,206 |  |  |
Current liabilities | (425) |  |  | (2,264) |  |  |
Deferred revenue | — |  |  | (2,612) |  |  |
Deferred income tax liabilities | (2,355) |  |  | (16,896) |  |  |
Net assets acquired | $ | 42,332 |  |  | $ | 127,902 |  |  |
Schedule of Estimated Useful Lives of Assets Acquired | The following table summarizes the estimated fair values and estimated useful lives of intangible assets with definite lives acquired from the ID R&D Acquisition and HooYu Acquisition during the twelve months ended September 30, 2022 (amounts in thousands, except for years):ID R&D
| Amortization Period |  | Amount assigned
Completed technologies | 7.0 years |  | $ | 14,020 |
Customer relationships | 3.0 years |  | 2,540 |
Trade name | 5.0 years |  | 370 |
Total intangible assets acquired |  |  | $ | 16,930 |
HooYu
| Amortization Period |  | Amount assigned
Completed technologies | 7.0 years |  | $ | 61,400 |
Customer relationships | 5.0 years |  | 5,000 |
Trade name | 5.0 years |  | 6,100 |
Covenants not to compete | 3.0 years |  | $ | 600 |
Total intangible assets acquired |  |  | $ | 73,100 |
Schedule of Pro Forma Information | The following unaudited pro forma financial information should not be taken as representative of the Company’s future consolidated results of operations and includes adjustments for the amortization expense related to the identified intangible assets. The following table summarizes the Company’s unaudited pro forma financial information and is presented as if the ID R&D Acquisition and HooYu Acquisition occurred on October 1, 2019 and 2020, respectively (amounts in thousands):
| For the twelve months ended September 30,
| 2022 |  | 2021 |  | 2020
Pro forma revenue | $ | 149,679 |  |  | $ | 130,302 |  |  | $ | 102,880 |
Pro forma net income (loss) | $ | (6,683) |  |  | $ | (8,516) |  |  | $ | 2,919 |

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- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + 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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