XML 63 R54.htm IDEA: XBRL DOCUMENT v3.21.1
Goodwill and Intangible Assets, Net - Schedule of Goodwill and Intangible Assets (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Feb. 24, 2021
[3]
Dec. 31, 2020
Jan. 31, 2020
Goodwill $ 9,194 [1]   $ 9,187 [1] $ 9,187
Acquired IPR&D - DetermaIO™ [2] 14,650   14,650  
Acquired intangible assets - customer relationship 440   440  
Total intangible assets 48,374   15,090  
Accumulated amortization (388)   (81)  
Intangible assets, net 47,986   15,009  
Razor Genomics, Inc. [Member]        
Total intangible assets $ 33,284 $ 33,284  
[1] Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the Merger (see Note 5).
[2] See Note 5 for information on the Merger which was consummated on January 31, 2020.
[3] This balance will be amortized over the remaining useful life of the Razor asset, approximating 8.5 years, as of the February 24, 2021 acquisition date, with the amortization expense included in “Cost of revenues – amortization of acquired intangibles” on the consolidated statements of operations.