v3.23.1
Business Combinations (Tables)
 3 Months Ended
Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Summary of Identified Intangible Assets Acquired at Acquisition Date
The following table summarizes the fair values of the intangible assets acquired as of the acquisition date ($ in thousands):
Estimated Fair Value
Estimated Useful Lives (Years)
Customer relationships$3,010 13
Developed technology770 11
Trademarks320 17
Total$4,100 
Summary of Fair Values of Assets Acquired and Liabilities Assumed as of Acquisition Date The following table summarizes the consideration paid for HLA Data Systems and the amounts of the assets acquired and liabilities assumed recognized at their estimated fair value at the acquisition date (in thousands):
Total
Consideration
Cash
$4,562 
Total consideration
$4,562 
Recognized amounts of identifiable assets acquired and liabilities assumed
Current assets$1,162 
Identifiable intangible assets4,100 
Current liabilities(786)
Other current liabilities(699)
Contingent considerations(1,300)
Other liabilities(7)
Total identifiable net assets acquired2,470 
Goodwill2,092 
Total consideration$4,562