5. Business Combination On February 25, 2019, the Company purchased certain operating assets and liabilities, intellectual property and intangible assets, including the workforce in place, of the commercial business of Connecture, Inc., for $20,915 ($24,000 before working capital adjustments). This acquisition added technology to potentially strengthen the Companys platform, expand its customer reach, and enhance the value the Company delivers to its carrier customers. The following table summarizes the fair value of the consideration paid and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date: Consideration Transferred Cash $ 19,915 Contingent consideration arrangement 1,000 Fair value of total consideration transferred $ 20,915 Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed Accounts receivable, net $ 913 Contract, prepaid and other current assets 611 Property and equipment, net 198 Operating lease right-of-use assets 1,107 Intangible assets, net 14,600 Deferred contract costs and other non-current assets 250 Accrued expenses (2 ) Accrued compensation and benefits (186 ) Deferred revenue, current portion (6,692 ) Operating lease ROU liabilities, current portion (84 ) Operating lease ROU liabilities, net of current portion (1,023 ) Total identifiable net assets 9,692 Goodwill 11,223 Total identifiable net assets and goodwill $ 20,915 The goodwill of $11,223 arising from the acquisition consists largely of the value of the acquired organized workforce as well as economies of scale. During the three months ended June 30, 2019, goodwill increased $553 from the Companys continued review of supporting records which resulted in the identification of additional deferred revenue and other changes in the fair value of assets purchased and liabilities assumed. The goodwill recognized is expected to be deductible for income tax purposes. The identifiable intangible assets acquired have a weighted average amortization period of 6.5 years and include developed technology, customer relationships, and trade name. The Company did not acquire any contingent liabilities as part of the transaction. The cash transferred includes $1,000 in contingent consideration placed into a third-party escrow. These escrowed funds are released to Connecture as required contractual consents to the assignment of service arrangements are obtained from specified customers. The undiscounted consideration distributable to Connecture under this arrangement ranges from $0 to $1,000. As customer consents are obtained, the amount of the undiscounted consideration associated with the customer is transferred to Connecture. For any specified service contracts that, at the end of one year, are continuing to be honored by the customer, whether or not affirmative consent has been received from such customer, the related escrowed funds will be distributed to Connecture. If during the first year after the closing date of the acquisition, a customer refuses to consent to the assignment of the contract, or fails to deliver consent and stops performing under the contract or otherwise terminates the contract, the portion of the escrow related to that customer contract will then be distributable back to the Company. The Company expects all of the contingent consideration will be distributed to Connecture within one year of acquisition. Therefore, the full $1,000 undiscounted escrow balance is included in the fair value of the consideration transferred for the acquisition. As of June 30, 2019, $600 of these escrow funds have been released to Connecture. The fair value of the assets and liabilities assumed is provisional pending finalization of the Companys review of supporting records for these assets and liabilities. The Company incurred $450 in costs related to completing the acquisition of which $259 and $450 are recognized in General and administrative expense for the three and six months ended June 30, 2019, respectively. Revenues recognized by the Company related to the operations of the acquired business were $5,920 and $7,801 for the three and six months ended June 30, 2019, respectively. Identifiable expenses recognized by the Company related to the operations of the acquired business were $5,672 and $8,382 for the three and six months ended June 30, 2019, respectively. Coincident with the acquisition, the Company entered into two additional agreements with Connecture each of which are accounted for separately at contracted prices as described below:  Transition Services Agreement where each party provides certain transition services to the other for a 12-month period to facilitate an orderly transition the acquired business.  An agreement for the Company to provide interim services to Connecture as a subcontractor under a master services agreement maintained by Connecture that includes service commitments related to both the acquired business and Connectures retained business while the parties work together with the customer to legally separate the contract. Supplemental pro forma revenue and earnings information are not presented since historical records for the acquired business are not available. Therefore, determining the amount of revenue and earnings of the combined entity as though the business combination had occurred as of the beginning of the comparable periods would require significant estimates of amounts that the Company cannot independently substantiate. The Company estimates that the difference between pro forma information compared to reported results would not be significant.