v3.26.3
Acquisition of Endospan (Tables)
9 Months Ended
Sep. 30, 2026
Business Combination [Abstract]  
Schedule of Purchase Consideration
The preliminary purchase consideration allocated as of the Acquisition Date consisted of the following (in thousands):
Consideration
     Cash consideration$107,042 
     Debt obligations settled in cash by Artivion14,206 
     Noncash settlement of preexisting relationships and Endospan Option (1)
31,000 
     Contingent consideration 21,782 
          Fair value of total consideration transferred $174,030 
Purchase Price Allocation
     Cash and cash equivalents $4,363 
     Intangible assets, net 72,400 
     Net other assets/liabilities acquired 2,601 
     Goodwill 94,666 
          Net assets acquired$174,030 
(1) Represents amounts included in consideration transferred in connection with the settlement or exercise of preexisting contractual relationships between Artivion and Endospan, consisting of the acquisition-date fair value of the effective settlement of the Endospan Loans ($24.9 million) and the Buyer Deposits ($3.0 million), and the carrying amount of the Endospan Option ($3.1 million) upon exercise. See “Settlement of Preexisting Relationships and Endospan Option” below.
Schedule of Intangible Asset Acquired
The following table presents details of the identifiable intangible assets recognized in connection with the Endospan Acquisition (in thousands, except estimated useful life):

Identifiable Intangible AssetsFair ValueEstimated Useful Life (Years)
Developed technology$31,800 10.0
Trade name1,700 15.0
In-process research and development (“IPR&D”)38,900 Indefinite
Total identifiable intangible assets$72,400