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Business Combination (Tables) | 9 Months Ended
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Sep. 30, 2018
Business Combinations [Abstract] |
Schedule of business acquisitions | The fair value of consideration totaled approximately $462.0 million summarized as follows:
| As of August 23, 2018
Cash consideration | $ | 49,221 |
Fair value of PTC common stock issued | 155,860 |
Estimated fair value of deferred consideration payable | 38,200 |
Estimated fair value of contingent consideration payable | 218,700 |
Total consideration | $ | 461,981 |
Assets acquired and liabilities assumed | The following table presents the preliminary allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date of August 23, 2018, and through the period ended September 30, 2018:
| Preliminary Allocation as of the acquisition date and as at September 30, 2018
Cash and cash equivalents | $ | 328 |
Prepaid expenses and other current assets | 181 |
Fixed assets | 153 |
Other assets | 38 |
Intangible assets - in process research and development (“IPRD”) | 480,000 |
Accounts payable and accrued expenses | (3,828 | )
Deferred tax liability | (115,200 | )
Fair value of net assets acquired | $ | 361,672 |
Goodwill | 100,309 |
Total purchase price | $ | 461,981 |
Pro forma information |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2018 | 2017 |  | 2018 | 2017
Revenues | $ | 53,591 |  | $ | 41,853 |  |  | $ | 178,396 |  | $ | 116,362 |
Net loss attributable to common stockholders | (52,458 | ) | (41,606 | ) |  | (89,976 | ) | (90,795 | )

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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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 -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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