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Business combinations (Tables)
9 Months Ended
Sep. 30, 2019
Business combinations  
Schedule of fair value of consideration transferred

The following table summarizes the preliminary purchase price allocation, net of $1.2 million in cash and cash equivalents acquired (in thousands):

 

 

 

 

Purchase price:

 

 

 

Cash and stock paid

 

$

21,217

Cash and cash equivalents acquired

 

 

1,221

Purchase price, net

 

 

19,996

 

 

 

 

Assets (liabilities) acquired:

 

 

 

Accounts receivable

 

$

638

Inventory

 

 

1,680

Prepaids and other current assets

 

 

114

Property and equipment

 

 

33

Intangibles

 

 

13,450

Goodwill

 

 

8,111

Accounts payable

 

 

(20)

Accrued expense and other current liabilities

 

 

(871)

Deferred tax liabilities

 

 

(3,139)

Total

 

$

19,996

 

Schedule of fair value of assets acquired and liabilities assumed

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2018

 

2019

2018

Revenue (unaudited)

 

$

10,787

 

$

41,593

 

$

27,574

Pre-tax loss (unaudited)

 

$

(7,898)

 

$

(27,841)

 

$

(24,254)