Schedule of Intangible Assets Acquired and Respective Amortization Periods

The table below represents the detail of the intangible assets acquired and the respective amortization periods (amounts in thousands):


Intangible Type	Weighted Average Amortization Period	Value
Customer relationships	12.0 Years	$	67,800
Trade names	10.0 Years		7,300
Total intangibles acquired	11.8 Years	$	75,100

Summary of Consideration For Acquisition

The following table summarizes the consideration for the acquisition (in thousands, except stock price and shares):


Cash consideration	$	75,051
Impulse litigation holdback		4,000
Fair value of equity consideration (1)		31,215
Previously held interest		27,567
Total purchase price consideration	$	137,833

(1) The fair value of equity consideration is based on 1,918,558 shares transferred and the closing stock price of Company Common Stock of $16.27 on the date of acquisition.

Business Acquisition [Line Items]

Schedule of Preliminary Allocation to Estimated Fair Value of Identifiable Assets Acquired and Liabilities Assumed

The table below presents the preliminary allocation to the estimated fair value of identifiable assets acquired and liabilities assumed, and the resulting gain on bargain purchase as of the Closing Date. Measurement period adjustments were based upon information obtained about facts and circumstances that existed at the acquisition date that, if known, would have affected the measurement of the amounts recognized at that date. We have adjusted our deferred tax asset as a result of measurement period adjustments at December 31, 2024 due to a refinement of our estimated deferred tax positions by jurisdictions.


(in thousands)		Preliminary Purchase Price Allocation			Measurement Period Adjustments			Preliminary Purchase Price Allocation (as Adjusted)
Cash and restricted cash	$		154,312			-			154,312
Trade receivables			125,155			-			125,155
Contract assets			8,675			-			8,675
Inventories			148,958			-			148,958
Assets held for sale			1,535			-			1,535
Prepaid expenses and other current assets			20,023			-			20,023
Property and equipment, net			133,690			-			133,690
Right of use assets – operating			21,358			-			21,358
Deferred tax asset, net			124,634			(6,847	)		117,787
Other long-term assets			5,461			-			5,461
Total assets			743,801			(6,847	)		736,954
Accounts payable			48,887			-			48,887
Accrued expenses			28,906			-			28,906
Contract liabilities			14,332			-			14,332
Operating lease liabilities - current			2,080			-			2,080
Current portion of long-term debt and finance lease obligations			595			-			595
Other current liabilities			213			-			213
Long-term debt and finance lease obligations			1,645			-			1,645
Operating lease liabilities - noncurrent			15,397			-			15,397
Other long-term liabilities			1,814			-			1,814
Total liabilities			113,869			-			113,869
Net assets acquired			629,932			(6,847	)		623,085
Gain on bargain purchase			(92,659	)		6,847			(85,812	)
Total purchase consideration	$		537,273			-			537,273

Business Acquisition [Line Items]