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Business combinations (Tables)
12 Months Ended
Dec. 31, 2019
Aushon acquisition  
Schedule of fair value of consideration transferred

The following table presents the allocation of the purchase consideration for the transaction as of January 30, 2018 including the allocation of the purchase consideration (in thousands):

 

 

 

 

Fair value of consideration transferred:

    

  

 

Cash

 

$

3,200

Obligation to issue cash

 

 

800

Total acquisition consideration

 

$

4,000

 

 

 

 

Fair value of assets acquired and liabilities assumed:

 

 

  

Cash and cash equivalents

 

$

199

Accounts receivable

 

 

210

Inventory

 

 

828

Prepaid expenses

 

 

71

Property and equipment and other non-current assets

 

 

180

Intangible Assets

 

 

2,950

Goodwill

 

 

1,308

Total assets acquired

 

 

5,746

Contractual obligations

 

 

(1,155)

Accounts payable and accrued liabilities

 

 

(591)

Net assets acquired

 

$

4,000

 

UmanDiagnostics AB Acquisition  
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

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2019

    

2018

Revenue (unaudited)

 

$

57,597

 

$

38,753

Pre-tax loss (unaudited)

 

$

(38,636)

 

$

(33,894)