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Product and Business Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2021
Schedule of Purchase Consideration | . The purchase consideration was allocated as follows:
|  | Preliminary Allocation at December 31, 2020 |  |  | Adjustments to Fair Value recorded in 2021 |  |  | Final Allocation |
Trade receivables |  | $ | 2,358 |  |  | $ | (81 | ) |  | $ | 2,277 |
Inventory and other current assets |  |  | 5,133 |  |  |  | 238 |  |  |  | 5,371 |
Property, plant, and equipment |  |  | 5,004 |  |  |  | 137 |  |  |  | 5,141 |
Product registrations and product rights |  |  | 250 |  |  |  | (200 | ) |  |  | 50 |
Liabilities assumed |  |  | (4,963 | ) |  |  | 77 |  |  |  | (4,886 | )
Bargain |  |  | (4,657 | ) |  |  | (171 | ) |  |  | (4,828 | )
Total |  | $ | 3,125 |  |  | $ | — |  |  | $ | 3,125 |
Schedule of Business Combination and the Purchase Consideration | The acquisition was accounted for as a business combination and the purchase consideration was allocated as follows:
|  | Preliminary Allocation at December 31, 2020 |  |  | Adjustments to Fair Value recorded in 2021 |  |  | Final Allocation |
Trade receivables |  | $ | 1,508 |  |  | $ | — |  |  | $ | 1,508 |
Inventory and other current assets |  |  | 5,698 |  |  |  | — |  |  |  | 5,698 |
Property, plant, and equipment |  |  | 73 |  |  |  | — |  |  |  | 73 |
Product registrations and product rights |  |  | 6,395 |  |  |  | 1,932 |  |  |  | 8,327 |
Trade names and trademarks |  |  | 1,195 |  |  |  | (844 | ) |  |  | 351 |
Distribution agreements |  |  | — |  |  |  | 3,584 |  |  |  | 3,584 |
Customer relationships and customer lists |  |  | 632 |  |  |  | (246 | ) |  |  | 386 |
Goodwill |  |  | 8,672 |  |  |  | (4,054 | ) |  |  | 4,618 |
Liabilities assumed |  |  | (5,326 | ) |  |  | (1,327 | ) |  |  | (6,653 | )
Total consideration |  | $ | 18,847 |  |  | $ | (955 | ) |  | $ | 17,892 |
AgNova |
Schedule of Purchase Consideration | The purchase price consideration was as follows:
|  | Preliminary Consideration at December 31, 2020 |  |  | Adjustments to Consideration recorded in 2021 |  |  | Final Consideration |
Cash |  | $ | 16,997 |  |  | $ | — |  |  | $ | 16,997 |
Less cash acquired |  |  | (157 | ) |  |  | — |  |  |  | (157 | )
Contingent consideration |  |  | 2,007 |  |  |  | (955 | ) |  |  | 1,052 |
Total consideration |  | $ | 18,847 |  |  | $ | (955 | ) |  | $ | 17,892 |

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- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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