v3.26.1
Acquisitions (Tables)
3 Months Ended
Mar. 31, 2026
Business Combination [Abstract]  
Schedule of Fair Values of the Indentifiable Assets Acquired and Liabilities Assumed

A summary of preliminary fair values of the identifiable assets acquired and liabilities assumed of Newfront at January 27, 2026 are summarized in the following table. We have prepared analyses necessary to assess the fair values of the assets acquired and liabilities assumed and the amount of goodwill and consideration to be recognized as of the acquisition date. These fair values were based on management’s estimates and assumptions, but are preliminary in nature and are subject to adjustment as additional information is obtained about the facts and circumstances that existed as of the acquisition date. Accordingly, there may be adjustments to the assigned values of acquired assets and liabilities assumed. The final determination of acquisition date fair values and residual goodwill will be completed as soon as practicable, and within the measurement period of up to one year from the acquisition date as permitted under GAAP. Any adjustments to provisional amounts that are identified during the measurement period will be recorded in the reporting period in which the adjustment is determined.

 

Cash and cash equivalents

 

$

95

 

Fiduciary assets

 

 

42

 

Accounts receivable, net

 

 

41

 

Prepaid and other current assets

 

 

7

 

Right-of-use assets

 

 

4

 

Intangible assets

 

 

184

 

Goodwill

 

 

744

 

Deferred tax assets

 

 

15

 

Deferred revenue and accrued expenses

 

 

(28

)

Fiduciary liabilities

 

 

(42

)

Other current liabilities

 

 

(10

)

Lease liabilities

 

 

(1

)

Net assets acquired

 

$

1,051