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Acquisitions and Divestiture (Tables) | 12 Months Ended
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Dec. 31, 2023
Business Acquisition [Line Items] |
Summary of the Carrying Amounts of Assets and Liabilities Classified as Held for Sale | The following table summarizes the carrying amounts of assets and liabilities classified as held for sale in connection with the Divestiture on the Company’s consolidated balance sheet as of December 31, 2023 (in thousands):
|  | December 31, 2023 |
|  | Current |  |  | Noncurrent |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 12,349 |  |  | $ | — |  |  | $ | 12,349 |
Accounts receivable, net |  |  | 1,323 |  |  |  | — |  |  |  | 1,323 |
Unbilled contracts receivable, net |  |  | 1,209 |  |  |  | 5,320 |  |  |  | 6,529 |
Prepaid expenses and other current assets |  |  | 979 |  |  |  | — |  |  |  | 979 |
Property and equipment, net |  |  | — |  |  |  | 2,391 |  |  |  | 2,391 |
Operating lease right-of-use assets |  |  | — |  |  |  | 3,346 |  |  |  | 3,346 |
Other noncurrent assets |  |  | — |  |  |  | 1,192 |  |  |  | 1,192 |
Total assets held for sale (1) |  | $ | 15,860 |  |  | $ | 12,249 |  |  | $ | 28,109 |
Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 244 |  |  | $ | — |  |  | $ | 244 |
Accrued liabilities |  |  | 4,821 |  |  |  | — |  |  |  | 4,821 |
Deferred revenue |  |  | 1,126 |  |  |  | — |  |  |  | 1,126 |
Operating lease liabilities, noncurrent |  |  | — |  |  |  | 2,741 |  |  |  | 2,741 |
Other noncurrent liabilities |  |  | — |  |  |  | 7,064 |  |  |  | 7,064 |
Total liabilities held for sale |  | $ | 6,191 |  |  | $ | 9,805 |  |  | $ | 15,996 |
Net assets held for sale |  | $ | 9,669 |  |  | $ | 2,444 |  |  | $ | 12,113 |
(1) Total assets held for sale also included certain fully amortized finite-lived intangible assets with an original cost of $35.2 million. Due to the estimated fair value less cost to sell exceeding the carrying amount of the assets and liabilities presented above, the Company did not recognize an impairment loss related to the assets held for sale in the year ended December 31, 2023.
Vewd |
Business Acquisition [Line Items] |
Schedule of Estimated Fair Value that Allocated to Assets and Liabilities | The following table presents the allocation of the purchase price to the identifiable assets acquired and liabilities assumed based on the fair values at the acquisition date (fair value amounts in thousands):
|  | Estimated Useful Life (years) |  |  |  |  |  | Estimated Fair Value |
Cash and cash equivalents |  |  |  |  |  |  |  | $ | 2,684 |
Accounts receivable |  |  |  |  |  |  |  |  | 3,341 |
Unbilled contracts receivable |  |  |  |  |  |  |  |  | 2,335 |
Other current assets |  |  |  |  |  |  |  |  | 1,208 |
Property and equipment |  |  |  |  |  |  |  |  | 443 |
Operating lease right-of-use assets |  |  |  |  |  |  |  |  | 2,020 |
Identifiable intangible assets: |  |  |  |  |  |  |  |  |
Technology |  | 7 |  |  |  | 28,050 |  |  |  |
Customer relationships - large |  | 7 |  |  |  | 4,900 |  |  |  |
Customer relationships - small |  | 4 |  |  |  | 3,500 |  |  |  |
Non-compete agreements |  | 2 |  |  |  | 870 |  |  |  |
Trade name |  |  | 5 |  |  |  | 830 |  |  |  |
Total identifiable intangible assets |  |  |  |  |  |  |  |  | 38,150 |
Goodwill |  |  |  |  |  |  |  |  | 68,115 |
Other long-term assets |  |  |  |  |  |  |  |  | 977 |
Accounts payable |  |  |  |  |  |  |  |  | (869 | )
Accrued liabilities |  |  |  |  |  |  |  |  | (4,777 | )
Deferred revenue |  |  |  |  |  |  |  |  | (920 | )
Long-term deferred tax liabilities |  |  |  |  |  |  |  |  | (8,393 | )
Noncurrent operating lease liabilities |  |  |  |  |  |  |  |  | (1,094 | )
Other long-term liabilities |  |  |  |  |  |  |  |  | (307 | )
Total purchase price |  |  |  |  |  |  |  | $ | 102,913 |
Schedule of Unaudited Pro Forma Financial Information | The following table presents the pro forma operating results as if the acquired operations of Vewd had been included in the Company’s Consolidated Statements of Operations as of January 1, 2021 (unaudited, in thousands):
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |
Revenue |  | $ | 508,636 |  |  | $ | 498,992 |
Net loss attributable to the Company |  | $ | (769,483 | ) |  | $ | (209,690 | )

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