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BUSINESS COMBINATION (Tables)

9 Months Ended

Sep. 30, 2023

Business Combinations [Abstract]

Schedule of total consideration

 

Cash		$	18,493
Earnout payments		$	3,607
Total consideration		$	22,100

Schedule of preliminary fair value of assets acquired and liabilities

Cash and cash equivalent		$	478
Restricted cash			51
Accounts receivable			1,773
Inventory			3,330
Prepaid expenses and other current assets			470
Right of use asset			1,151
Property and equipment, net			827
Other non-current assets			30
Goodwill			7,538
Intangible assets			14,133
Accounts payable			(2,082	)
Accrued compensation			(766	)
Other accrued liabilities			(1,059	)
Deferred revenue			(2,088	)
Warranty Obligations			(535	)
Leases Liability			(1,151	)
Total purchase consideration		$	22,100

Schedule of intangible assets acquired

		Estimated Fair Value				Estimated Useful Life (Years)
Trademark		$	795				3
Technology			6,161				4
Customer relationship - Warranty			201				2
Customer relationship - Rental			2,102				4
Customer relationship - Distribution			4,578				5
Backlog			296				1

Schedule of pro forma revenue and earnings

		Three Months Ended September 30,								Nine Months Ended September 30,
		2023				2022				2023				2022
Revenues		$	5,920			$	6,403			$	18,041			$	18,146
Net loss		$	(6,422	)		$	(5,785	)		$	(16,042	)		$	(20,729	)

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- Definition

Tabular disclosure of contingent consideration in asset acquisition.

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-Name Accounting Standards Codification
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Tabular disclosure of the nature and amount of any material, nonrecurring adjustments directly attributable to the business combination(s) included in the reported pro forma revenue and earnings (supplemental pro forma information).

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