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Guide Acquisition (Tables)
9 Months Ended
Sep. 30, 2022
Business Combinations [Abstract]  
Summary of Transaction Price Determined and Allocated

The transaction price was determined and allocated as follows (in thousands):

 

Transaction price

 

 

 

 

Fair value of equity instruments issued

 

$

120,032

 

 

Technology and product contingent consideration liabilities

 

 

36,513

 

 

Transaction costs

 

 

2,531

 

 

Total transaction price

 

$

159,076

 

 

Transaction price allocated

 

 

 

 

In-process research and development

 

$

154,953

 

 

Cash acquired

 

 

3,151

 

 

Prepaid expenses and other assets

 

 

264

 

 

Property and equipment

 

 

1,835

 

 

Assembled workforce

 

 

300

 

 

Other liabilities assumed

 

 

(1,427

)

 

Total transaction price

 

$

159,076