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Business combinations (Tables)
9 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Schedule of Acquisition-Date Fair Value

The acquisition-date fair value of the purchase consideration is as follows:

 

Cash

$

5,093

 

Common stock

 

19,348

 

Contingent consideration

 

6,550

 

Total purchase consideration

$

30,991

 

 

Estimated Fair Value of Assets Acquired and Liabilities Assumed

The purchase price allocation has been finalized and the following table summarizes the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition:

 

 

Acquisition date fair value

 

Cash

$

420

 

Gene editing platform intangible asset

 

30,100

 

Goodwill

 

13,128

 

Other assets acquired

 

111

 

Total assets acquired

 

43,759

 

Deferred tax liabilities

 

11,797

 

Other liabilities assumed

 

971

 

Total liabilities assumed

 

12,768

 

Net assets acquired

$

30,991

 

 

Estimated Amortization of Intangible Assets

The estimated amortization of intangible assets for the year ended December 31, 2014 and for each of the five succeeding years and thereafter is as follows

 

2014

$

1,881

 

2015

 

3,763

 

2016

 

3,763

 

2017

 

3,763

 

2018

 

3,763

 

2019 and thereafter

 

13,167

 

Total

$

30,100