Annual report pursuant to Section 13 and 15(d)

Jibestream Acquisition (Tables)

v3.21.1
Jibestream Acquisition (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of Business Acquisitions
The purchase price was allocated based on the receipt of a final valuation report and modified for measurement period adjustments due to updated tax provision estimates as follows (in thousands):
Preliminary Allocation Tax Provision Measurement Period Adjustments Adjusted Allocation
Assets Acquired:
Cash $ $ —  $
Accounts receivable 309  —  309 
Other current assets 138  —  138 
Fixed assets 10  —  10 
Other assets 430  —  430 
Developed technology 3,193  —  3,193 
Customer relationships 1,253  —  1,253 
Non-compete agreements 420  —  420 
Goodwill 2,407  (919) 1,488 
$ 8,165  $ (919) $ 7,246 
Liabilities Assumed:
Accounts payable 51  —  51 
Accrued liabilities 94  —  94 
Deferred revenue 1,156  —  1,156 
Other liabilities 513  —  513 
Deferred tax liability 1,289  (919) 370 
3,103  (919) 2,184 
Total Purchase Price $ 5,062  $ —  $ 5,062