Annual report pursuant to Section 13 and 15(d)

Goodwill

v3.22.4
Goodwill
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
Goodwill represents the excess of the purchase price over the fair value of net assets acquired in business combinations and is allocated to the reporting units expected to benefit from the business combinations. The Company tests goodwill for impairment annually during the fourth quarter, or whenever events or changes in circumstances indicate that the fair value of net assets has decreased below its carrying value.
The changes in the carrying amount of goodwill by segment during the years ended December 31, 2022 and 2021 were as follows (in thousands):
North
America		 Europe,
Middle East,
and Africa		 Other
Balance as of December 31, 2020 $ 1,296  $ 129,959  $ — 
Foreign currency translation adjustment —  (10,086) — 
Balance as of December 31, 2021 1,296  119,873  $ — 
Foreign currency translation adjustment —  (9,443) — 
Impairment of goodwill(1)
(1,296) (110,430) — 
Balance as of December 31, 2022 $ —  $ —  $ — 

(1)See Note 2 for additional information related to the impairment recorded in the during the year ended December 31, 2022.