v3.23.1
Business Acquisition (Tables)
12 Months Ended
Dec. 31, 2022
Business Acquisition  
Schedule of assets acquired and liabilities assumed fair value

The acquisition was recorded as a business combination with valuations of the assets acquired and liabilities assumed at their acquisition date fair value using Level 3 inputs. The final allocation of the purchase price is based on the estimated fair values of the assets acquired and liabilities assumed by major class related to the acquisition of CASE and are reflected, as of the acquisition date, in the accompanying consolidated financial statements as follows (in thousands):

Purchase Price

  

Purchase price per APA

$

6,720

Promissory note

 

(560)

Cash consideration

 

6,160

Working capital adjustment

 

(67)

Promissory note at fair value

546

Indemnification holdback adjustment

(440)

Total consideration transferred

$

6,199

Account receivables

 

362

Inventory

 

2,519

Property, equipment and software

 

462

Operating lease right-of-use-assets

 

985

Developed technology

 

990

Customer relationships

 

950

Trademark

 

230

Other assets

 

27

Operating lease liabilities, current

 

(328)

Deferred revenue

 

(215)

Operating lease liabilities

 

(657)

Other liabilities

 

(470)

Total net assets acquired

 

4,855

Goodwill as of December 31, 2022

 

1,344

Acquired assets and liabilities assumed

$

6,199

Schedule of goodwill recognized

Intangible assets with determinable lives

    

  

Developed technology

$

990

Customer relationships

 

950

Trademark

 

230

Gross carrying amount as of December 31, 2022

$

2,170

Schedule of pro forma information

December 31, 

2022 (unaudited)

2021 (unaudited)

Revenue

    

$

12,990

    

$

8,840

Net loss

 

(26,185)

 

(47,104)