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Acquisition (Tables) - UACC | 6 Months Ended
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Jun. 30, 2023
Business Acquisition [Line Items] |
Summary of Fair Value of Identified Assets Acquired and Liabilities Assumed | The following table summarizes the fair value of the identified assets acquired and liabilities assumed as of the Acquisition Date, inclusive of immaterial measurement period adjustments (in thousands):
|  | Fair Value |
Cash and cash equivalents |  | $ | 5,294 |
Restricted cash |  |  | 42,631 |
Finance receivables at fair value |  |  | 296,927 |
Finance receivables, held for sale |  |  | 263,393 |
Intangible assets |  |  | 156,000 |
Goodwill |  |  | 42,886 |
Other assets |  |  | 25,934 |
Total assets acquired |  | $ | 833,065 |
Warehouse credit facilities |  |  | (178,067 | )
Long term debt |  |  | (285,704 | )
Deferred tax liability |  |  | (23,855 | )
Other liabilities |  |  | (30,026 | )
Total liabilities assumed |  | $ | (517,652 | )
Net assets acquired |  | $ | 315,413 |
Summary of Final Identifiable Intangible Assets Acquired and their Estimated Weighted Average Useful Life | The following table summarizes the identifiable intangible assets acquired and their estimated weighted average useful life at the date of acquisition (in thousands):
|  | Fair Value |  |  | Weighted Average Useful Life
Purchased technology |  | $ | 83,000 |  |  | 7
Customer relationships |  |  | 66,000 |  |  | 8
Trade name |  |  | 7,000 |  |  | 10
|  | $ | 156,000 |  |  |
Summary of Pro Forma Information | The pro forma information for the six months ended June 30, 2022 is as follows:
|  | Six Months Ended June 30, |
|  | 2022 |
Total revenue |  | $ | 1,414,683 |
Net loss |  | $ | (437,739 | )

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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 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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