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Business Acquisition (Tables)
12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Allocation of total purchase consideration
The Company’s allocation of the total purchase consideration as of November 3, 2014 is summarized below (in thousands):
Cash and cash equivalents
$
107

Account receivables
979

Prepaid expenses and other current assets
194

Property and equipment
77

Intangibles - Developed technology
26,184

Goodwill
17,701

Total assets acquired
45,242

Accounts payable
712

Accrued expenses
619

Deferred revenue
477

Total liabilities assumed
1,808

Total purchase price
$
43,434

Unaudited pro forma financial information
The following table reflects the unaudited pro forma consolidated results of operations as if the Evolv acquisition had taken place on January 1, 2013, after giving effect to certain adjustments including the amortization of acquired intangible assets and the elimination of the Company’s and Evolv’s non-recurring acquisition-related expenses (in thousands):
 
 
For the Years Ended
 
December 31,
 
2014
 
2013
 
Pro Forma
 
Pro Forma
Revenue
$
268,771

 
$
190,551

Net loss
$
(85,521
)
 
$
(64,474
)