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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Assets Acquired and Liabilities Assumed
The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of acquisition:
Fair Value
As of May 13, 2020
Intangible asset – Software license $139 
Intangible asset - Developed technology369 
Goodwill1,739 
Deferred revenue(41)
Accrued expenses(177)
Net assets acquired$2,029 
Pro Forma Financial Information
The unaudited pro forma financial information shown below summarizes the combined results of operations for the Company and City Semi as if the closing of the acquisition had occurred on January 1, 2020.
Three Months Ended
June 30, 2020
Six Months Ended
June 30, 2020
Combined revenue$4,316 $8,979 
Combined net loss before income taxes(7,218)(12,598)
Schedule of Business Acquisitions, by Acquisition The acquisition date fair value of the consideration transferred for City Semi was approximately $2,029, which consisted of the following:
Fair Value
As of May 13, 2020
Class H units issued$711 
Contingent consideration1,180 
Cash consideration to be transferred at a later date138 
Total$2,029