Annual report pursuant to Section 13 and 15(d)

Subsequent Event

v3.22.4
Subsequent Event
12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
Subsequent Event Subsequent Event
Acquisition of Company Y
On January 17, 2023, the Company completed its acquisition of a business, or Company Y, pursuant to a Purchase and Sale Agreement, or the Purchase Agreement. The initial closing transaction consideration consisted of $9.9 million in cash. In addition, their stockholders may receive up to an additional $2.6 million in potential contingent consideration, subject to the acquired business satisfying certain personnel objectives by June 17, 2023.
Company Y is headquartered in Bangalore, India and operates as a provider of engineering design services.