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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
Shown below is the final purchase price allocation, which summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:

(in thousands)
Current assets, including cash acquired of $148
$835 
Intangible assets:
Trade names
$1,487 
Product technology
2,580 
Customer relationships
348 
Total intangible assets4,415 
Goodwill6,528 
Other assets475 
Liabilities:
Accounts payable and accrued liabilities$794 
Long-term liabilities
293 
Total liabilities1,087 
Net assets acquired$11,166 
Shown below is the final purchase price allocation, which summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:

(in thousands)
Current assets, including cash acquired of $243
$301 
Intangible assets:
In-process research and development$4,989 
Trade name3,930 
Total intangible assets8,919 
Goodwill17,090 
Other assets765 
Liabilities:
Accounts payable and accrued liabilities$364 
Deferred tax liability
845 
Total liabilities1,209 
Net assets acquired$25,866 
The table below reflects the fair value of both the consideration transferred and the RNCI attributable to this acquisition.
(in thousands)
Cash paid at acquisition$34,098 
Deferred cash consideration3,628 
Estimated fair value of RNCI1,559 
Post-closing net working capital adjustment
149 
Total fair value of consideration transferred$39,434 

Shown below is the final purchase price allocation, which summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:

(in thousands)
Current assets, including cash acquired of $125
$1,407 
Intangible assets:
Product technology$20,770 
Trade name5,802 
Total intangible assets26,572 
Goodwill17,618 
Other assets705 
Liabilities:
Accounts payable and accrued liabilities$332 
Deferred revenue70 
Deferred tax liability6,466 
Total liabilities6,868 
Net assets acquired$39,434 
Shown below is the final purchase price allocation, which summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:

(in thousands)
Current assets$661 
Intangible assets:
Product technology$15,940 
Trade name5,580 
Total intangible assets21,520 
Goodwill17,430 
Other assets68 
Liabilities:
Accounts payable and accrued liabilities$229 
Deferred revenue410 
Total liabilities639 
Net assets acquired$39,040 
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The following table presents the finite-lived intangible assets acquired and their respective estimated useful lives:
Useful Life
Trade names
5
Product technology
15
Customer relationships
10
Schedule of Acquisition, Pro Forma Information
The following unaudited pro forma financial information summarizes the combined results of the Company and Wematter as if the acquisition had occurred on January 1, 2022. The pro forma results have been prepared for comparative purposes only, and do not necessarily represent what the results of operations would have been had the acquisition been completed on January 1, 2022. In addition, these pro forma results are not intended to be a projection of future operating results and do not reflect synergies that might be achieved.

The unaudited pro forma financial information includes adjustments for the pro forma impact of the allocation of the purchase price recognized in connection with the acquisition of Wematter (as summarized above). These adjustments primarily relate to the impact of incremental amortization expense attributable to newly acquired and recognized intangible assets. Pro forma revenue information has not been presented, as pre-acquisition revenue reported by Wematter was not material and, accordingly, the impact on our reported consolidated revenue also would not have been material for the period presented.
Year Ended December 31,
(in thousands)2023
Pro forma net loss attributable to 3D Systems Corporation
$(362,890)