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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
BioFlex And NTM Acquisition  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The components and estimated allocation of the purchase price consist of the following (amounts in thousands):

 

Cash and cash equivalents

 

$

2,870

 

Accounts receivable

 

 

1,408

 

Inventory

 

 

741

 

Prepaid expenses and other current assets

 

 

126

 

Property and equipment

 

 

34

 

Operating lease right of use asset

 

 

1,034

 

Customer relationships

 

 

13,240

 

Developed technology

 

 

3,540

 

Trademark and tradename

 

 

310

 

Non-competition agreements

 

 

60

 

Goodwill

 

 

9,834

 

Long term deferred tax asset

 

 

81

 

Accounts payable

 

 

(224

)

Accrued liabilities

 

 

(450

)

Operating lease liability

 

 

(1,030

)

Operating lease liability, long-term

 

 

(3

)

Fair value of net assets acquired

 

$

31,571

 

Schedule of Identified Intangible Assets and Estimated Useful Lives

The following table sets forth the components of the identified intangible assets associated with the NTM Acquisition and their estimated useful lives:

 

 

 

Useful life

 

Fair Value

 

 

 

 

 

(Amounts in thousands)

 

 

 

 

 

 

 

Customer relationships

 

10 years

 

$

13,240

 

Developed technology

 

11 years

 

 

3,540

 

Trademark and tradename

 

15 years

 

 

310

 

Non-competition agreements

 

3 years

 

 

60

 

 

 

 

 

$

17,150

 

Avitide, Inc.  
Schedule of Business Combination Consideration Transferred

Total consideration transferred is as follows (amounts in thousands):

 

Cash consideration

 

$

74,962

 

Equity consideration

 

 

82,968

 

Contingent consideration - earnout

 

 

88,373

 

Fair value of net assets acquired

 

$

246,303

 

 

 

 

 

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The components and estimated allocation of the purchase price consist of the following (amounts in thousands):

 

Cash and cash equivalents

 

$

572

 

Accounts receivable

 

 

228

 

Inventory

 

 

332

 

Prepaid expenses and other current assets

 

 

114

 

Property and equipment

 

 

1,862

 

Operating lease right of use asset

 

 

3,648

 

Customer relationships

 

 

24,580

 

Developed technology

 

 

20,650

 

Trademark and tradename

 

 

1,210

 

Non-competition agreements

 

 

210

 

Goodwill

 

 

197,476

 

Long term deferred tax asset

 

 

1,525

 

Accounts payable

 

 

(215

)

Accrued liabilities

 

 

(2,183

)

Operating lease liability

 

 

(698

)

Operating lease liability, long-term

 

 

(2,950

)

Other liabilities

 

 

(58

)

Fair value of net assets acquired

 

$

246,303

 

Schedule of Identified Intangible Assets and Estimated Useful Lives

The following table sets forth the components of the identified intangible assets associated with the Avitide Acquisition and their estimated useful lives:

 

 

 

Useful life

 

Fair Value

 

 

 

 

 

(Amounts in thousands)

 

 

 

 

 

 

 

Customer relationships

 

13 years

 

$

24,580

 

Developed technology

 

15 years

 

 

20,650

 

Trademark and tradename

 

18 years

 

 

1,210

 

Non-competition agreements

 

3 years

 

 

210

 

 

 

 

 

$

46,650

 

Polymem S.A.  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The components and final allocation of the purchase price consist of the following (amounts in thousands):

 

Cash and cash equivalents

 

$

353

 

Net working capital (excluding cash and inventory
     step-up)

 

 

414

 

Inventory step-up

 

 

543

 

Operating lease right of use assets

 

 

1,424

 

Property and equipment

 

 

3,145

 

Other assets

 

 

41

 

Developed technology

 

 

8,274

 

Trademark and tradenames

 

 

510

 

Non-compete agreements

 

 

312

 

Goodwill

 

 

35,680

 

Operating lease liability

 

 

(1,253

)

Long term deferred tax liability

 

 

(2,327

)

Other long-term liabilities

 

 

(143

)

Fair value of net assets acquired

 

$

46,973

 

Schedule of Identified Intangible Assets and Estimated Useful Lives

The following table sets forth the components of the identified intangible assets associated with the Polymem Acquisition and their estimated useful lives:

 

 

 

Useful life

 

Fair Value

 

 

 

 

 

(Amounts in thousands)

 

Developed technology

 

13 years

 

$

8,274

 

Trademark and tradename

 

14 years

 

 

510

 

Non-competition agreements

 

5 years

 

 

312

 

 

 

 

 

$

9,096

 

ARTeSYN Biosolutions  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The components and estimated allocation of the purchase price consists of the following amounts (amounts in thousands):

 

Cash and cash equivalents

 

$

2,982

 

Accounts receivable

 

 

4,811

 

Inventory

 

 

8,592

 

Prepaid expenses and other current assets

 

 

5,561

 

Property and equipment

 

 

1,836

 

Operating lease right of use asset

 

 

1,611

 

Other noncurrent assets

 

 

26

 

Customer relationships

 

 

38,400

 

Developed technology

 

 

27,060

 

Trademark and tradename

 

 

1,630

 

Non-competition agreements

 

 

300

 

Goodwill

 

 

128,598

 

Accounts payable

 

 

(2,251

)

Accrued liabilities

 

 

(8,706

)

Deferred revenue

 

 

(3,583

)

Deferred tax liabilities, net

 

 

(1,240

)

Notes payable

 

 

(24

)

Operating lease liability

 

 

(417

)

Operating lease liability, long-term

 

 

(1,193

)

Fair value of net assets acquired

 

$

203,993

 

Non Metallic Solutions  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The components and allocation of the purchase price consist of the following (amounts in thousands):

 

Cash and cash equivalents

 

$

1,163

 

Accounts receivable

 

 

415

 

Inventory

 

 

334

 

Prepaid expenses and other current assets

 

 

13

 

Property and equipment

 

 

73

 

Operating lease right of use asset

 

 

194

 

Customer relationships

 

 

6,370

 

Developed technology

 

 

1,810

 

Trademark and tradename

 

 

190

 

Non-competition agreements

 

 

90

 

Goodwill

 

 

6,713

 

Deferred tax assets

 

 

24

 

Accounts payable

 

 

(96

)

Accrued liabilities

 

 

(999

)

Operating lease liability

 

 

(136

)

Operating lease liability, long-term

 

 

(59

)

Fair value of net assets acquired

 

$

16,099