Acquisition (Tables)

6 Months Ended

Jun. 30, 2022

Business Combinations [Abstract]

Schedule of identifiable assets acquired and is reconciled to the purchase price

The following table represents the allocation of the purchase price to the assets acquired by the Company as part of the acquisition included in the Company’s consolidated balance sheets, and is reconciled to the purchase price.

	Tonbo
	(in thousands)
Current assets	$	2,549
Fixed Assets		83
Reagent licenses		1,800
Tradename		700
Customer relationships		2,200
Total identifiable net assets acquired		7,332
Goodwill		9,668
Total	$	17,000

Schedule of identifiable intangible assets acquired and their estimated useful lives for amortization

The identifiable intangible assets acquired and their estimated useful lives for amortization are as follows:

	Tonbo
	Fair Value		Useful life (years)
	(In thousands, except for years)
Customer relationships	$	2,200	7
Reagent licenses		1,800	7
Tradename		700	4
Total	$	4,700