Locality Acquisition (Tables)

12 Months Ended

Dec. 31, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The purchase price was allocated and modified for measurement period adjustments due to the receipt of the valuation report and updated tax provision estimates as follows (in thousands):

	Preliminary Allocation		Valuation Measurement Period Adjustments		Tax Provision Measurement Period Adjustments		Adjusted Allocation
Assets Acquired:
Cash	$	70	$	—	$	—	$	70
Accounts receivable	7		—		—		7
Other current assets	4		—		—		4
Inventory	2		—		—		2
Fixed assets	1		—		—		1
Developed technology	1,523		(78)		—		1,445
Customer relationships	216		(31)		—		185
Non-compete agreements	49		—		—		49
Goodwill	619		80		(46)		653
	$	2,491	$	(29)	$	(46)	$	2,416
Liabilities Assumed:
Accounts payable	$	13	$	—	$	—	$	13
Accrued liabilities	48		—		—		48
Deferred revenue	28		—		—		28
Deferred tax liability	474		(29)		(46)		399
	563		(29)		(46)		488
Total Purchase Price	$	1,928	$	—	$	—	$	1,928

The purchase price was allocated based on the receipt of a final valuation report as follows (in thousands):

	Fair Value Allocation
Assets Acquired:
Developed technology	$	830
Non-compete agreements	68
Goodwill	2
Total Purchase Price	$	900

The preliminary purchase price is allocated as follows (in thousands):

	Fair Value Allocation
Assets Acquired:
Other receivable	$	44
Developed technology	1,200
Customer relationships	395
Tradename & Trademarks	279
Non-compete agreements	495
Goodwill	520
	$	2,933
Liabilities Assumed:
Deferred Revenue	$	733
	733
Total Purchase Price	$	2,200

The preliminary purchase price is allocated as follows (in thousands):

	Fair Value Allocation
Assets Acquired:
Developed technology	$	1,701
Non-compete agreements	399
Total Purchase Price	$	2,100

The preliminary purchase price is allocated as follows (in thousands):

	Fair Value Allocation
Assets acquired:
Cash and cash equivalents	301
Trade and other receivables	576
Inventory	827
Prepaid expenses and other current assets	103
Operating lease right-of-use asset	557
Property, plant, and equipment	433
Tradename	51
Proprietary Technology	1,213
Customer Relationships	1,055
Non-compete Agreements	610
In-Process R&D	505
IP Agreement	178
Goodwill	3,755
Total assets acquired	$	10,164
Liabilities assumed:
Accounts payable	526
Lease liabilities	557
Restructuring Costs	214
Accrued Liabilities	361
Total liabilities assumed	1,658
Estimated fair value of net assets acquired:	$	8,506