Quarterly report [Sections 13 or 15(d)]

Business Acquisition (Tables)

v3.25.1
Business Acquisition (Tables)
 3 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition The following table presents the preliminary purchase price allocation as of March 31, 2025, which summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition. The purchase price allocation is preliminary and is subject to change during the measurement period, which is generally one year from the acquisition date.
(in thousands)
Assets
Current assets, including cash acquired of $541
 $ 1,561 
Property and equipment 4,963
Intangible assets:
In-process research and development
 3,500
Trade names and trademarks 1,200
Total intangible assets
 4,700
Other assets 1,525
Total assets
 $ 12,749 
Liabilities
Current liabilities $ 11,709 
Other liabilities 970
Total liabilities
 $ 12,679 
Business Acquisition, Pro Forma Information
Three Months Ended March 31,
2024
(in thousands)
Pro forma revenue
 24,878 
Pro forma net loss
 (19,647)