XML 33 R20.htm IDEA: XBRL DOCUMENT v3.21.2
Business Combinations (Tables)
 9 Months Ended
Jun. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Estimated Fair Values of the Assets Acquired and Liabilities Assumed as Part of a Business Acquisition The following table summarizes the estimated fair values of the assets acquired and liabilities assumed from the ID R&D Acquisition as of the Closing Date (amounts shown in thousands):
Current assets$385 
Property, plant, and equipment114 
Intangible assets14,190 
Goodwill30,866 
Current liabilities(397)
Other non-current liabilities(3,236)
Net assets acquired$41,922 
Schedule of Intangible Assets Acquired The following table summarizes the estimated fair values and estimated useful lives of intangible assets with definite lives acquired from the ID R&D Acquisition as of the Closing Date (amounts shown in thousands, except for years):
Amortization PeriodAmount assigned
Completed technologies7.0 years$11,280 
Customer relationships3.0 years2,540 
Trade names5.0 years370 
Total intangible assets acquired$14,190 
Schedule of Pro Forma Information The following unaudited pro forma financial information should not be taken as representative of the Company’s future consolidated results of operations and includes adjustments for the amortization expense related to the identified intangible assets. The following table summarizes the Company’s unaudited pro forma financial information and is presented as if the ID R&D Acquisition occurred on October 1, 2019 (amounts shown in thousands):
Three months ended June 30,Nine months ended June 30,
2021202020212020
Pro forma revenue$31,986 $25,656 $88,261 $71,722 
Pro forma net income (loss)$2,038 $143 $3,169 $(1,060)