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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Summary of Unaudited Pro Forma Information for Acquisition Occurred

The following table summarizes the unaudited pro forma total revenue and net loss of the combined company for the years ended December 31, 2014 and 2013 assuming that the acquisition occurred as of January 1, 2013 (in thousands, except per share):

 

 

 

For the year ended

December 31,

 

 

 

2014

 

 

2013

 

Revenue

 

$

205,355

 

 

$

143,614

 

Net loss

 

 

(164,974

)

 

 

(88,326

)

Net loss attributable to common stockholders

 

 

(78,336

)

 

 

(24,032

)

Net loss per share attributable to common

   stockholders, basic and diluted

 

 

(3.44

)

 

 

(1.07

)

 

Fair Value of Acquired Intangible Assets and Estimated Useful Life

The fair value of acquired intangible assets and their estimated useful life are as follows (in thousands, except estimated useful life):

 

 

 

Fair Value

 

 

Estimated

Useful

Life

Developed technology

 

$

5,910

 

 

5

Customer relationships

 

 

4,390

 

 

8

Trade names

 

 

2,990

 

 

8

Total

 

$

13,290

 

 

 

 

Mainstream Energy Corporation  
Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of assets acquired and liabilities assumed (in thousands):

 

Cash

 

$

5,440

 

Accounts receivable

 

 

8,881

 

Inventory

 

 

23,886

 

Prepaid expenses

 

 

2,028

 

Property and equipment

 

 

6,113

 

Intangible assets

 

 

15,380

 

Other long-term assets

 

 

200

 

Accounts payable and accrued liabilities

 

 

(24,975

)

Deferred revenue

 

 

(768

)

Capital lease obligation

 

 

(2,869

)

Other liabilities

 

 

(1,509

)

Deferred tax liabilities

 

 

(4,843

)

Indentifiable assets and liabilities assumed

 

 

26,964

 

Goodwill

 

 

51,786

 

Total

 

$

78,750

 

 

Clean Energy Experts, LLC  
Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of assets acquired and liabilities assumed (in thousands):

 

Cash

 

$

424

 

Accounts receivable

 

 

639

 

Intangible assets

 

 

13,290

 

Accounts payable and accrued liabilities

 

 

(1,247

)

Deferred tax liability

 

 

(5,146

)

Identifiable assets and liabilities assumed

 

 

7,960

 

Goodwill

 

 

35,757

 

Total

 

$

43,717