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BUSINESS COMBINATION (Details Textual) $ in Thousands | Aug. 08, 2023 USD ($)
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Business Acquisition [Line Items] |
Earnout payments | $ 3,600
Alterg Inc [Member] |
Business Acquisition [Line Items] |
Aggregate purchase price in cash | 19,000
Amount of additional cash earnouts | $ 4,000
Description of Earnout payments | The Company will pay an amount of cash equal to 65% of the amount, if any, by which LCAI revenue attributable to the first 12 months period exceeds revenue target ("first earnout payment"), and an amount in cash equal to 65% of the amount, if any, by which LCAI revenue attributable to the following 12 months period exceeds the revenue from the first 12 month period ("second earnout payment").
Purchase price | $ 22,100

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- Definition In a business combination achieved in stages, this element represents a narrative description of the history, developments, or effect of the acquisition relative to the percentage of equity in the acquiree held by the acquirer immediately before the acquisition date. Such description may describe any gain recognized as a result of the acquisition. + References No definition available. + Details
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