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Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2023
Business Combinations [Abstract] |
Summary of Preliminary Allocation of Purchase Price | The following table summarizes the preliminary allocation of the purchase price over the estimated fair value of the assets acquired and liabilities assumed in the acquisition of Physio-Assist:
Cash |  | $ | 2,617 |
Accounts receivable |  |  | 184 |
Inventories |  |  | 296 |
Other assets |  |  | 325 |
Property and equipment |  |  | 82 |
Operating lease right-of-use asset |  |  | 306 |
Intangible assets |  |  | 34,100 |
Goodwill |  |  | 9,991 |
Total assets acquired |  | $ | 47,901 |
Accounts payable and accrued expenses |  | $ | 1,108 |
Bank loans |  |  | 2,158 |
Other current liabilities |  |  | 419 |
Operating lease liability - noncurrent |  |  | 263 |
Deferred tax liability - noncurrent |  |  | 8,525 |
Total liabilities assumed |  |  | 12,473 |
Total identifiable net assets |  | $ | 35,428 |
Cash consideration |  | $ | 32,250 |
Fair value of contingent earnout consideration |  |  | 3,178 |
Total purchase price |  | $ | 35,428 |
Summary of Unaudited Pro Forma Information | The following unaudited pro forma information for the three and nine months ended September 30, 2023 and the three and nine months ended September 30, 2022 presents the revenues and operating income assuming the acquisition of Physio-Assist had occurred as of January 1, 2022.
|  | Three months ended |  |  | Nine months ended |
|  | September 30, |  |  | September 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Total revenue |  | $ | 84,680 |  |  | $ | 105,793 |  |  | $ | 242,060 |  |  | $ | 290,587 |
Net loss |  | $ | (45,321 | ) |  | $ | (10,811 | ) |  | $ | (77,266 | ) |  | $ | (30,002 | )

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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 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + 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 -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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