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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2017
Schedule of proforma results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Three Months Ended

 

Nine Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

September 30, 

 

September 30, 

 

 

    

2017

 

2016

 

2017

 

2016

    

Revenue

 

$

39,420

 

$

31,266

 

$

112,079

 

$

85,336

 

Net loss

 

 

(727)

 

 

(1,332)

 

 

(5,098)

 

 

(4,259)

 

Net income (loss) per share attributable to common stockholders, basic

 

 

(0.04)

 

 

0.12

 

 

(0.30)

 

 

(0.32)

 

Net loss per share attributable to common stockholders, diluted

 

 

(0.04)

 

 

(0.17)

 

 

(0.30)

 

 

(0.44)

 

 

SinfoniaRx  
Schedule of purchase price consideration

 

 

 

 

Cash consideration at closing, net of post-closing adjustments

    

$

34,670

Stock consideration at closing

    

 

11,541

Estimated fair value of contingent consideration

 

 

26,406

Total fair value of acquisition consideration

 

$

72,617

 

Schedule of allocation of the purchase price based on the estimated fair values of the assets acquired and liabilities

 

 

 

 

Cash

    

$

218

Accounts receivable

    

 

8,309

Prepaid expenses and other current assets

 

 

1,001

Property and equipment

 

 

1,419

Other assets

 

 

94

Trade name

 

 

4,429

Developed technology

 

 

12,640

Client relationships

 

 

19,579

Non-competition agreement

 

 

4,497

Goodwill

 

 

41,439

Total assets acquired 

 

$

93,625

 

 

 

 

Accrued expenses and other liabilities

 

 

(2,667)

Trade accounts payable

 

 

(8,769)

Debt assumed

 

 

(675)

Deferred income tax liability

 

 

(8,897)

Total purchase price, including contingent consideration of $26,406

 

$

72,617