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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of recognized identified assets acquired and liabilities assumed

The total consideration from the business combination was allocated as of the Closing Date, including the retrospective adjustment made in the fourth quarter of 2019, as follows:



	Total
	(in thousands)
Cash and cash equivalents	$	159
Accounts receivable	1,679
Prepaid expenses and other current assets	65
Identified intangible assets	8,800
Goodwill	13,477
Operating lease right-of-use asset	178
Other asset	9
Accounts payable	(9		)
Operating lease liability	(178		)
Other current liabilities	(108		)
Deferred tax liability, net	(2,133		)
Total	$	21,939

Schedule of finite-lived intangible assets acquired as part of business combination

The identified intangible assets assumed in the acquisition of Northwest Logic were recognized as follows based upon their estimated fair values as of the acquisition date:



	Total		Estimated Weighted Average Useful Life
	(in thousands)		(in years)
Existing technology	$	8,100	5
Customer contracts and contractual relationships	400		2
Customer backlog	300		0.5
Total	$	8,800

Business acquisition, pro forma information

Additionally, the unaudited pro forma financial results do not include any anticipated synergies or other expected benefits from the acquisition (unaudited, in thousands, except per share amounts):



	Years Ended December 31,
	2019			2018
Revenue	$	231,492		$	241,049
Net loss	$	(90,688	)	$	(160,742	)
Net loss per share - diluted	$	(0.82	)	$	(1.48	)

Silicon IP and Business Protocols Business from Verimatrix

Business Acquisition [Line Items]

Schedule of purchase consideration

The total adjusted purchase consideration for the acquisition of the Secure Silicon IP and Protocols business was $46.8 million, which consisted of the following:



	Total
	(in thousands)
Cash consideration transferred at the Closing Date	$	45,000
Fair value of earn-out liability	1,800
Total adjusted purchase price	$	46,800

Schedule of recognized identified assets acquired and liabilities assumed

The total consideration from the acquisition was allocated as follows:



	Total
	(in thousands)
Prepaid expenses and other current assets	$	267
Unbilled receivables	6,765
Operating lease right-of-use assets	852
Identified intangible assets	23,500
Goodwill	16,845
Deferred revenue	(310		)
Operating lease liabilities	(852		)
Other current liabilities	(267		)
Total	$	46,800

Schedule of finite-lived intangible assets acquired as part of business combination

The identified intangible assets assumed in the acquisition of the Secure Silicon IP and Protocols business were recognized as follows based upon their estimated fair values as of the acquisition date:



	Total		Estimated Weighted Average Useful Life
	(in thousands)		(in years)
Existing technology	$	21,600	3 to 5 years
Customer contracts and contractual relationships	900		5 years
IPR&D	1,000		Not applicable
Total	$	23,500