Acquisition (Tables)

9 Months Ended

Sep. 30, 2022

Business Acquisition [Line Items]

Summary of Supplemental Pro Forma Information (Unaudited)

Net revenue for the three and nine months ended September 30, 2022 was $5.4 million and $7.5 million, respectively, and loss from operations for the three and nine months ended September 30, 2022 was $0.2 million and $0.1 million, respectively, since the Acquisition Date. The following unaudited pro forma summary presents consolidated information of the Company as if the acquisition had occurred on January 1, 2021 (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Net revenue	$	30,752		$	28,087		$	73,874		$	79,665
Net loss		(14,124	)		(4,264	)		(69,020	)		(53,005	)
Net loss per share - basic and diluted	$	(0.05	)	$	(0.02	)	$	(0.27	)	$	(0.21	)

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	$	15,099
Fair value of contingent consideration		610
Total	$	15,709

Schedule of Preliminary Amounts of Identifiable Assets Acquired and Liabilities Assumed

The information below reflects the preliminary amounts of identifiable assets acquired and liabilities assumed as of the Acquisition Date (in thousands):

	Amount
Assets:
Inventory	$	11,152
Property and equipment		2,921
Goodwill		3,067
Intangible asset - Developed technology		1,200
Operating lease right-of-use assets		1,812
Total assets		20,152
Liabilities:
Liabilities assumed		2,631
Operating lease liability		1,812
Total liabilities		4,443
Net assets acquired	$	15,709