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Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2021
AnalogX, Inc.  
Business acquisition  
Schedule of recognized identified assets acquired and liabilities assumed
The total consideration from the acquisition was preliminarily allocated as follows:
(In thousands)Total
Cash and cash equivalents$2,763 
Accounts receivable280 
Unbilled receivables1,566 
Prepaid expenses and other current assets1,354 
Identified intangible assets6,800 
IPR&D3,800 
Goodwill38,326 
Property, plant and equipment, net118 
Accounts payable(1,112)
Deferred revenue(23)
Income taxes payable(6,144)
Other current liabilities(215)
Total$47,513 
Schedule of finite-lived and indefinite-lived intangible assets acquired as part of business combination
The identified intangible assets assumed in the acquisition of AnalogX were recognized as follows based upon their estimated fair values as of the acquisition date:
TotalEstimated Weighted-Average Useful Life
(in thousands)(in years)
Existing technology$6,300 5 years
Customer contracts and contractual relationships500 2 years
IPR&D3,800 Not applicable
Total$10,600 
PLDA Group  
Business acquisition  
Schedule of recognized identified assets acquired and liabilities assumed
The total consideration from the acquisition was preliminarily allocated as follows:
(In thousands)Total
Cash and cash equivalents$5,820 
Accounts receivable2,233 
Inventories125 
Prepaid expenses and other current assets836 
Identified intangible assets21,400 
IPR&D7,400 
Goodwill57,543 
Property, plant and equipment, net679 
Operating lease right-of-use asset864 
Other assets339 
Accounts payable(1,046)
Accrued salaries and benefits(814)
Deferred revenue(514)
Income taxes payable(118)
Operating lease liability(852)
Deferred tax liability(8,180)
Other current liabilities(74)
Total$85,641 
Schedule of finite-lived and indefinite-lived intangible assets acquired as part of business combination
The identified intangible assets assumed in the acquisition of PLDA were recognized as follows based upon their estimated fair values as of the acquisition date:
TotalEstimated Weighted-Average Useful Life
(in thousands)(in years)
Existing technology$20,400 3 to 5 years
Customer contracts and contractual relationships1,000 2 years
IPR&D7,400 Not applicable
Total$28,800 
AnalogX, Inc and PLDA Group  
Business acquisition  
Business acquisition, pro forma information Additionally, the pro forma financial results do not include any anticipated synergies or other expected benefits from the acquisitions (in thousands, except per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Total revenue$82,965 $62,119 $247,180 $195,347 
Net income (loss)$5,147 $(15,205)$10,388 $(32,952)