In accordance with the acquisition method of accounting for a business combination, the purchase price of $38.8 million was allocated to the assets acquired and liabilities assumed based on their estimated fair values on the date of acquisition as follows (in thousands, except share data): | | | | Consideration transferred: | | | | Common stock | | $ | 29,101 | Cash consideration | | | 4,175 | Settlement of preexisting relationships | | | 5,538 | Total consideration transferred | | $ | 38,814 | | | | | Assets acquired and liabilities assumed at fair value: | | | | Cash and Cash Equivalents | | $ | 622 | Restricted Cash | | | 1,000 | Accounts Receivable | | | 5,429 | Prepaid Expenses and Other Assets | | | 1,807 | Property and Equipment | | | 4,420 | Intangible Assets | | | 19,690 | Operating Right of Use Asset | | | 24,835 | Accounts Payable and Accrued Expenses | | | (12,386) | Other Payables | | | (671) | Deferred and Contingent Consideration | | | (1,000) | Operating Lease Liabilities | | | (24,442) | Total identifiable net assets | | $ | 19,304 | | | | | Non-controlling interest | | | (4,112) | | | | | Fair value of net assets acquired less noncontrolling interests acquired | | $ | 15,192 | | | | | Goodwill | | | 23,622 | | | | | | | $ | 38,814 |
|