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Acquisition (Tables)
6 Months Ended
Jun. 30, 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  
Goodwill3,289  
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 ValueEstimated 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.