Acquisition (Tables)

3 Months Ended

Mar. 31, 2023

Business Acquisition [Line Items]

Summary of Supplemental Pro Forma Information (Unaudited)

Net revenue for the three months ended March 31, 2023 was $5.1 million and loss from operations for the three months ended March 31, 2023 was $1.0 million. The following unaudited pro forma summary presents consolidated information of the Company as if the acquisition had occurred on January 1, 2022 (in thousands):

	Three Months Ended March 31,
	2023			2022
Net revenue	$	40,626		$	18,090
Net loss		(9,795	)		(25,741	)
Net loss per share - basic and diluted		(0.04	)		(0.10	)

V-Go

Business Acquisition [Line Items]

Schedule of Preliminary Purchase Consideration

The total preliminary purchase consideration for V-Go was as follows (in thousands):

Fair value of consideration:	Amount
Cash consideration	$	15,341
Fair value of contingent consideration		610
Total	$	15,951

Schedule of Preliminary Amounts of Identifiable Assets Acquired and Liabilities Assumed

The information below reflects the amounts of identifiable assets acquired and liabilities assumed as of March 31, 2023 (in thousands):

	Amount
Assets:
Inventory	$	11,152
Property and equipment		2,921
Goodwill(1)		1,998
Intangible asset - Developed technology		1,200
Operating lease right-of-use assets		1,812
Total assets		19,083
Liabilities:
Liabilities assumed(1)		1,320
Operating lease liability		1,812
Total liabilities		3,132
Net assets acquired	$	15,951

___________________________

(1)During the three months ended March 31, 2023, goodwill related to the acquisition of V-Go was adjusted for a reduction in rebate-related liabilities established at the time of acquisition.