XML 50 R36.htm IDEA: XBRL DOCUMENT v3.24.2.u1
SCHEDULE OF PURCHASE PRICE ALLOCATION TO ASSETS ACQUIRED AND LIABILITIES ASSUMED (Details)
$ in Thousands, € in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jan. 31, 2023
USD ($)
Jan. 31, 2023
EUR (€)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Dec. 31, 2023
Business Acquisition [Line Items]              
Bargain purchase amount     $ 1,706  
Acquired Technology [Member]              
Business Acquisition [Line Items]              
Acquired intangible assets, weighted average useful life 13 years [1] 13 years [1]     12 years   12 years
Order Backlog [Member]              
Business Acquisition [Line Items]              
Acquired intangible assets, weighted average useful life 1 year 1 year          
Ibeo Automotive Systems [Member]              
Business Acquisition [Line Items]              
Total purchase consideration $ 21,611 € 20.0          
Inventory 1,197            
Other current assets 703            
Operating lease right-of-use assets 234            
Property and equipment, net 5,330            
Acquired technology [1] 17,987            
Order backlog 26            
Contract liabilities (1,178)            
Operating lease liabilities (234)            
Deferred tax liabilities (785)            
Total identifiable net assets 23,280            
Bargain purchase amount [2] $ 1,669            
[1] During the three months ended June 30, 2024, the Company recognized a $3.0 million impairment charge on certain identified intangible assets acquired in this business combination. See Note 7. Financial Statement Components.
[2] The bargain purchase gain represents the excess of the fair value of the underlying net assets acquired and liabilities assumed over the purchase consideration and is included in bargain purchase gain, net of tax in the condensed consolidated statements of operations. The bargain purchase gain was attributable to the negotiation process with Ibeo during its insolvency proceedings resulting in cash consideration paid being less than the fair value of the net assets acquired.