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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2025
Business Combination [Abstract]  
Schedule of preliminary allocation of the purchase price

 

Cash and cash equivalents

$

795

Accounts receivable

1,139

Inventory

3,807

Prepaid expenses and other current assets

3,465

Property, plant and equipment

1,023

Intangible assets, net

1,753

Goodwill

13,272

Other assets

195

Accounts payable

(2,644)

Accrued expenses and other liabilities

(1,828)

Deferred revenue

(6,862)

Operating lease liability

(174)

Note payable, current

(1,966)

Total

$

11,975

 

Schedule of the reconciliation of fair value measurement of liabilities using significant unobservable inputs

The following table presents a reconciliation of the deferred consideration liability:

(in thousands)

Balance as of December 31, 2024

$

Additions during the year

11,698

Payments during the year

(3,357)

Change in fair value

 

205

Foreign exchange impact

224

Balance as of December 31, 2025

$

8,770

 

The following table provides a reconciliation of the beginning and ending balances for the Sponsor Earn-Out liabilities:

(in thousands)

Balance as of December 31, 2023

$

4,166

Change in fair value

5,306

Balance as of December 31, 2024

9,472

Change in fair value

  ​

(1,677)

Balance as of December 31, 2025

$

7,795

 

Schedule of identifiable intangible assets acquired and their estimated fair values and useful lives at acquisition date

 

(in thousands)

Fair Value

  ​ ​ ​

Weighted Average

Useful Lives

Patents

$

1,685

15 years

Trademarks

 

68

 

15 years

Total acquired intangible assets

$

1,753