v3.25.1
Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Estimated Useful Lives of Intangible Assets The estimated useful lives of Informa TechTarget’s intangible assets are as follows:

 

 

Estimated Useful Lives

Brands and trademarks

 

10 - 30 years

Customer relationship databases

 

9 - 20 years

Intellectual property

 

3 - 20 years

Developed technology

 

3 - 10 years

Internal-use software

 

7 years

 
Estimated Useful Lives of Property and Equipment

The rates of depreciation are based on the following estimated useful lives:

 

 

Estimated Useful Lives

Leasehold improvements

 

Shorter of useful economic life or remaining duration of lease

Equipment, fixtures and fittings

 

3 - 5 years
Summary of Changes in Allowance for Credit Losses

Below is a summary of the changes in Informa TechTarget’s allowance for credit losses for the years ended December 31, 2024, 2023 and 2022:

 




 

 

Balance at Beginning of Year

 

 

Addition to (Release of) Provision

 

 

Write-off

 

 

Balance at End of Year

 

Year ended December 31, 2024

 

$

1,540

 

 

$

996

 

 

$

(1,629

)

 

$

907

 

Year ended December 31, 2023

 

$

2,782

 

 

$

(748

)

 

$

(494

)

 

$

1,540

 

Year ended December 31, 2022

 

$

3,998

 

 

$

457

 

 

$

(1,673

)

 

$

2,782

 
Schedule of Calculations of Basic And Diluted Net Income (Loss) Per Share

The calculations of basic and diluted net income (loss) per share for the fiscal years ended December 31, 2024, 2023, and 2022 are as follows:


 

 

For the Years Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

 

 

 

As Restated

 

 

As Restated

 

Net loss

 

$

(116,863

)

 

$

(57,777

)

 

$

(4,285

)

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

44,054,830

 

 

 

41,651,366

 

 

 

41,651,366

 

 

 

 

 

 

 

 

 

 

 

Loss per share

 

 

 

 

 

 

 

 

 

Basic:

 

$

(2.65

)

 

$

(1.39

)

 

$

(0.10

)

Diluted:

 

$

(2.65

)

 

$

(1.39

)

 

$

(0.10

)