Company: LPSN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001102993-25-000187
Chunk: 58

Company: LIVEPERSON INC
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 58
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 United States and has international operations around the globe. The following table presents the Company’s long-lived assets by geographic region as of September 30, 2025 and December 31, 2024:September 30,December 31,20252024(In thousands)United States$307,275 $316,975 Germany33,594 29,925 Australia10,404 10,830 Netherlands5,139 5,036 Other (1)11,317 13,788 Total long-lived assets$367,729 $376,554 ——————————————(1)Israel, United Kingdom, Japan, France, Italy, Spain, Canada, and Singapore

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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)

Note 5. Goodwill and Intangible Assets, Net

GoodwillGoodwill represents the excess of the aggregate purchase price over the fair value of net identifiable assets acquired in a business combination. The Company evaluates goodwill for impairment on an annual basis on October 1, and more frequently whenever events or substantive changes in circumstances indicate that it is more likely than not that the carrying value of a reporting unit exceeds its fair value. Assumptions used in an impairment test require significant judgment, therefore, they are subject to change based on facts and circumstances present at each date goodwill is evaluated for impairment. The Company determined there were no events or circumstances during the three and nine months ended September 30, 2025 that would more likely than not reduce the fair value of the reporting unit below its carrying value. If, in future periods, the financial performance of the reporting unit does not meet expectations, or a prolonged decline occurs in the market place of our common stock, it may cause a material change in the results of the impairment assessment and result in future impairment to goodwill.The changes in the carrying amount of goodwill as of September 30, 2025 and December 31, 2024 are as follows:Goodwill, net(In thousands)Balance as of December 31, 2024 (1)$222,554 Foreign exchange adjustment3,962 Balance as of September 30, 2025 (1)$226,516 (1)  As of September 30, 2025 and December 31, 2024, the accumulated impairment balance was $72.4 million.During the nine months ended September 30, 2024, the Company recorded a non-cash impairment