Business Combinations (Tables)

9 Months Ended

Sep. 30, 2024

Business Combinations

Schedule of total purchase consideration transferred

The following table displays the total purchase consideration transferred in the Cultivate Acquisition (in thousands):

	Amount
Cash consideration	$	6,167
Earn-out consideration		730
Total purchase consideration transferred	$	6,897

Schedule of fair values of the assets acquired and liabilities assumed in connection with the Cultivate Acquisition

The following table sets forth the fair values of the assets acquired and liabilities assumed in connection with the Cultivate Acquisition (in thousands):

	Cultivate
	Acquisition Date
	Fair Value
Current assets	$	302
Property, plant and equipment		21
Intangible assets		2,900
Goodwill		3,742
Other assets		18
Total assets acquired		6,983
Current liabilities		86
Total liabilities assumed		86
Total assets acquired and liabilities assumed	$	6,897

Schedule of intangible assets acquired

The following table sets forth the intangible assets acquired in the Cultivate Acquisition (in thousands):

	Cultivate		Estimated
	Acquisition Date		Life
	Fair Value		(Years)
Developed technology	$	1,300	5
Customer-related intangible		1,500	16
Trade names		100	4
Total intangible assets	$	2,900