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ACQUISITIONS AND DIVESTITURES (Tables) | 9 Months Ended
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Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The acquisition date fair value of the consideration transferred for Resolution Bioscience was approximately $54.2 million, which consisted of the following:
(In thousands) |  |
Cash |  | $ | 52,527 |
Fair value of replaced equity awards |  | 1,675 |
Total purchase price |  | $ | 54,202 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The purchase price was allocated to the underlying assets acquired and liabilities assumed based upon their estimated fair values as follows:
(In thousands) |  |
Net operating assets |  | $ | 14,663 |
Developed technology |  | 26,000 |
Total identifiable assets acquired |  | 40,663 |
Net operating liabilities |  | (7,029) |
Net identifiable assets acquired |  | 33,634 |
Goodwill |  | 20,568 |
Net assets acquired |  | $ | 54,202 |
Business Acquisition, Pro Forma Information | The following unaudited pro forma financial information summarizes the combined results of operations for the Company and Resolution Bioscience, as though the companies were combined as of the beginning of January 1, 2022.
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Total revenues |  | $ | 629,857 |  |  | $ | 525,802 |  |  | $ | 1,859,353 |  |  | $ | 1,541,154 |
Net loss before tax |  | (7,257) |  |  | (163,261) |  |  | (181,660) |  |  | (535,017) |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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