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Acquisition of EMI Solutions, Inc. (Tables) | 6 Months Ended
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Mar. 31, 2024
Acquisition of EMI Solutions, Inc. [Abstract] |
Schedule of Purchase Consideration and Allocation | The following table summarizes the amount of the aggregate purchase consideration and the preliminary allocation to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values, of which the valuation of intangible assets is subject to finalization:
Purchase consideration: |  |  |
Contingently redeemable common stock issued to seller |  | $ | 8,856 |
Cash consideration (at present value) |  |  | 2,041 |
|  | $ | 10,897 |
Allocation: |  |  |  |
Cash |  | $ | 45 |
Accounts receivable |  |  | 387 |
Inventory |  |  | 155 |
Other current assets |  |  | 7 |
Property and equipment |  |  | 107 |
Other assets |  |  | 30 |
Intangible asset—customer relationships |  |  | 6,100 |
Intangible asset—backlog |  |  | 300 |
Intangible asset—trade name |  |  | 100 |
Goodwill |  |  | 5,542 |
Accounts payable |  |  | (227 | )
Accrued expenses |  |  | (263 | )
Deferred tax liability |  |  | (1,386 | )
|  | $ | 10,897 |
Schedule of Unaudited Pro Forma Revenues and Net Income (Loss) | The unaudited pro forma information is presented for informational purposes only and is not necessarily indicative of future operations or results had the acquisition occurred on October 1, 2022.
|  | Three months ended March 31, |  |  | Six months ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Revenues |  | $ | 1,145 |  |  | $ | 678 |  |  | $ | 2,197 |  |  | $ | 2,015 |
Net loss |  |  | (1,753 | ) |  |  | (13,129 | ) |  |  | (733 | ) |  |  | (22,692 | )

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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 -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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