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Business Acquisition (Tables)
6 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Estimated Fair Values of the Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date (in thousands):

Cash

 

$

48

 

Restricted cash

 

 

245

 

Accounts receivable

 

 

78

 

Prepaid expenses and other current assets

 

 

60

 

Intangible assets

 

 

4,430

 

Goodwill

 

 

31,931

 

Accounts payable

 

 

(1,180

)

Accrued expenses and other current liabilities

 

 

(677

)

Net assets acquired

 

$

34,935

 

Schedule of Purchase Consideration

The following table summarizes the purchase consideration (in thousands):

Fair value of common stock

 

$

21,306

 

Cash consideration

 

 

759

 

Fair value of milestone payments

 

 

9,470

 

Fair value of earnouts

 

 

3,400

 

Total purchase consideration

 

$

34,935