Acquisition (Tables)

3 Months Ended

Mar. 31, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the total consideration to the estimated fair values of assets acquired and liabilities assumed:

	Amount
	(in thousands)
Cash	$	521
Identified intangible assets	6,700
Goodwill	3,289
Net liabilities assumed	(1,802		)
Total	$	8,708

Schedule of Intangible Assets Acquired

The following table presents details of the identified intangible assets acquired from the Bellwether Bio acquisition:

	Fair Value		Estimated Useful Life
	(in thousands)
Acquired license	$	5,100	10 years
IPR&D	1,600		*
Total	$	6,700

*

IPR&D assets are not subject to amortization.