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Business Combination (Tables)
3 Months Ended
Mar. 31, 2023
Business Acquisition [Line Items]  
Schedule of Preliminary Purchase Consideration

Preliminary purchase consideration consisted of the following:

 

 

 

 

Cash at settlement

 

$

53,000

 

 

Fair value of contingent consideration

 

 

36,140

 

 

Total

 

$

89,140

 

 

Schedule of Preliminary Allocation of Fair Value

The preliminary allocation of the fair value of the Sunosi acquisition is shown in the table below:

 

Amounts Recognized as of Acquisition Date (as previously reported)

 

 

Measurement Period Adjustments

 

 

Purchase Price Allocation

 

 

Inventory

 

$

10,601

 

 

$

 

 

$

10,601

 

 

Other current assets

 

 

3,551

 

 

 

1,587

 

(1)

 

5,138

 

 

Developed technology

 

 

63,800

 

 

 

 

 

 

63,800

 

 

Goodwill

 

 

11,897

 

 

 

(1,587

)

(1)

 

10,310

 

 

Accrued expenses and other current liabilities

 

 

(709

)

 

 

 

 

 

(709

)

 

Total

 

$

89,140

 

 

$

 

 

$

89,140

 

 

(1) The adjustment to goodwill resulted from rebates covered by Jazz during the post acquisition period which were provisionally recorded as an asset as of the acquisition date.

Schedule of Unaudited Pro Forma Summary Presents Consolidated Information

The following unaudited pro forma summary presents consolidated information of the Company, including Sunosi, as if the business combination had occurred on January 1, 2022, the earliest period presented herein:

 

Three Months Ended March 31,

 

 

 

 

2022

 

 

Net revenues

 

$

13,464

 

 

Net Loss

 

 

(61,502

)