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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2023
Disior LTD.  
Business Acquisition [Line Items]  
Summary of Purchase Consideration Transferred

The following table summarizes the purchase price:

Consideration paid

 

 

Cash consideration

$

19,696

 

Contingent consideration

 

6,550

 

Total consideration

$

26,246

 

Summary of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed as of the Disior Acquisition Date:

Assets acquired:

 

 

Cash and cash equivalents

$

1,192

 

Other current assets

 

410

 

Intangible assets

 

6,800

 

Goodwill

 

19,136

 

Total assets acquired

 

27,538

 

 

 

Liabilities assumed:

 

 

Accruals and other current liabilities

 

615

 

Deferred tax liabilities, net

 

677

 

Total liabilities assumed

 

1,292

 

Net assets acquired

$

26,246

 

 

Useful Life Determination of Assets The useful life on intangible assets was determined by management to be in line with the Company’s policy on intangible assets. Both determinations are outlined in the table below:

 

Fair Value

 

Estimated Useful Life
 (in years)

Developed technology

$

6,400

 

12

Tradenames

 

400

 

Indefinite

Total intangible assets

$

6,800

 

 

Additive Orthopaedics, LLC  
Business Acquisition [Line Items]  
Summary of Purchase Consideration Transferred

Consideration Paid

 

 

Cash consideration

$

15,000

 

Contingent consideration

 

2,870

 

Total consideration

$

17,870

 

 

Summary of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed as of the Closing Date:

 

Assets acquired:

 

 

Accounts receivable

$

761

 

Inventory

 

113

 

Intangible assets

 

11,560

 

Goodwill

 

6,329

 

Total assets acquired

 

18,763

 

 

 

Liabilities assumed:

 

 

Accounts payable

 

796

 

Accrued expenses

 

97

 

Total liabilities assumed

 

893

 

Net assets acquired

$

17,870

 

Useful Life Determination of Assets below:

 

 

Fair Value

 

Estimated Useful Life
 (in years)

Noncompete arrangements

$

30

 

3

Customer relationships

 

240

 

3

Developed technology

 

11,290

 

12

 

$

11,560