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Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2024
Business Combinations [Abstract] |
Summary of Preliminary Allocation of Purchase Price | The following table summarizes the 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 |  |  | 9,755 |
Total assets acquired |  | $ | 47,665 |
Accounts payable and accrued expenses |  | $ | 1,108 |
Bank loans |  |  | 1,922 |
Other current liabilities |  |  | 376 |
Operating lease liability |  |  | 306 |
Deferred tax liability - noncurrent |  |  | 8,525 |
Total liabilities assumed |  |  | 12,237 |
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 presents total revenue and net loss assuming the acquisition of Physio-Assist had occurred as of January 1, 2023.
|  | Three months ended |  |  | Nine months ended |
|  | September 30, 2023 |  |  | September 30, 2023 |
Total revenue |  | $ | 84,680 |  |  | $ | 242,060 |
Net loss |  | $ | (45,321 | ) |  | $ | (77,266 | )

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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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