Business Combination (Tables)

6 Months Ended

Jun. 30, 2026

The summary of the purchase price and its related allocation at fair market value is as follows (in thousands):


Shares issued	$	6,802
Acquisition consideration payable	12,997
Total Purchase Price	19,799
Assets acquired
Brand name	1,840
Proprietary technology	4,108
Goodwill	13,851
Total assets acquired	19,799
Total fair value of net assets acquired	$	19,799

The summary of the preliminary purchase price and its related allocation at fair market value is as follows (in thousands):


Shares issued	$	16,444
Acquisition consideration payable	4,457
Cash paid	448
Total Purchase Price	$	21,349
Assets acquired
Cash	21
Accounts receivable	32
Operating lease right-of-use assets	79
Prepaid expenses and other current assets	665
Proprietary technology	8,121
Brand name	1,316
Non-compete agreements	754
Goodwill	13,733
Total assets acquired	24,721
Liabilities assumed
Accounts payable and accrued expenses	93
Debt obligations	560
Deferred tax liability	2,629
Operating lease liabilities	90
Total liabilities assumed	3,372
Total fair value of net assets acquired	$	21,349

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.