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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2018
Schedule of proforma results

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31, 

 

   

 

2017

Revenue

 

 

$

34,289

Net loss

 

 

 

(3,338)

Net loss per share attributable to common stockholders, basic and diluted

 

 

 

(0.20)

 

SinfoniaRx  
Schedule of purchase price consideration

 

 

 

 

Cash consideration at closing, net of post-closing adjustments

    

$

34,492

Stock consideration at closing

    

 

11,541

Estimated fair value of contingent consideration

 

 

38,092

Total fair value of acquisition consideration

 

$

84,125

 

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

 

 

 

 

 

 

 

 

 

 

 

Preliminary

 

 

 

Purchase Price

Cash

    

$

218

Accounts receivable

    

 

8,309

Prepaid expenses and other current assets

 

 

1,056

Property and equipment

 

 

1,419

Other assets

 

 

127

Trade name

 

 

4,776

Developed technology

 

 

13,291

Client relationships

 

 

20,265

Non-competition agreement

 

 

4,752

Goodwill

 

 

52,898

Total assets acquired 

 

$

107,111

 

 

 

 

Accrued expenses and other liabilities

 

 

(3,819)

Trade accounts payable

 

 

(8,868)

Debt assumed

 

 

(675)

Deferred income tax liability, net

 

 

(9,624)

Total purchase price, including contingent consideration of $38,092

 

$

84,125