v3.25.1
Acquisition-Related Liabilities
 3 Months Ended
Mar. 31, 2025
Acquisition Related Liabilities [Abstract]  
Acquisition-Related Liabilities

NOTE 6. Acquisition-Related Liabilities

The following is a summary of acquisition-related liabilities:

 

Apptness

 

 

ArcaMax

 

 

LiveIntent

 

 

Total

 

Balance as of January 1, 2025

 

$

7,333

 

 

$

3,283

 

 

$

31,248

 

 

$

41,864

 

Additions

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Payments made during the period

 

 

(7,333

)

 

 

—

 

 

 

(530

)

 

 

(7,863

)

Change in fair value of earn-out

 

 

—

 

 

 

50

 

 

 

3,410

 

 

 

3,460

 

Balance as of March 31, 2025

 

$

-

 

 

$

3,333

 

 

$

34,128

 

 

$

37,461

 

As of March 31, 2025, the Company revised the forecasted financial performance of the business acquired in its LiveIntent acquisition as compared to the estimates used in the initial purchase price allocation. As such, the Company recorded changes in the fair value of the earn-outs, which are included in “Other expenses” on the condensed unaudited consolidated statements of operations and comprehensive loss.