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Acquisitions - (Tables) | 9 Months Ended
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Sep. 30, 2019
Business Combinations [Abstract] |
Schedule of Business Acquisitions | The fair value of consideration totaled approximately $533.7 million summarized as follows:
| Fair Value
Cash consideration | $ | 49,221 |
Fair value of PTC common stock issued | 155,860 |
Estimated fair value of deferred consideration payable | 38,100 |
Estimated fair value of contingent consideration payable | 290,500 |
Total consideration | $ | 533,681 |
Preliminary Allocation and Purchase Consideration | 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, the measurement period adjustments recorded during the period from the acquisition date through December 31, 2018, and the final allocation of the purchase price as of December 31, 2018.
| Preliminary Allocation as of the acquisition date of August 23, 2018 |  | Measurement Period Adjustments |  | Final Allocation as of December 31, 2018
Cash and cash equivalents | $ | 328 |  |  | — |  |  | $ | 328 |
Prepaid expenses and other current assets | 181 |  |  | — |  |  | 181 |
Fixed assets | 153 |  |  | — |  |  | 153 |
Other assets | 38 |  |  | — |  |  | 38 |
Intangible assets - in process research and development (“IPRD”) | 480,000 |  |  | 96,500 |  |  | 576,500 |
Accounts payable and accrued expenses | (3,828 | ) |  | — |  |  | (3,828 | )
Deferred tax liability | (115,200 | ) |  | (6,832 | ) |  | (122,032 | )
Fair value of net assets acquired | $ | 361,672 |  |  | $ | 89,668 |  |  | $ | 451,340 |
Goodwill | 100,309 |  |  | (17,968 | ) |  | 82,341 |
Total purchase price | $ | 461,981 |  |  | $ | 71,700 |  |  | $ | 533,681 |
Business Acquisition, Pro Forma Information | The following table summarizes certain supplemental pro forma financial information for the three and nine-month periods ended September 30, 2018 as if the Merger had occurred as of January 1, 2018. The unaudited pro-forma financial information for the three month and nine month periods ended September 30, 2018 reflects adjustments of $0.8 million and $1.5 million , respectively, related to acquisition fees that are non-recurring in nature.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2018 |  | 2018
Revenues | $ | 53,591 |  |  | $ | 178,396 |
Net loss attributable to common stockholders | $ | (52,458 | ) |  | $ | (89,976 | )

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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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=116869197&loc=d3e4845-128472 + Details
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