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Business Combination (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Combination [Abstract] |
Schedule of Outstanding Shares of the Common Stock | The following table details the shares of the common stock that were outstanding immediately following the consummation of the Arrangement:
|  | Number of shares |
MoSys common stock outstanding prior to business combination |  |  | 217,898 |
Common stock issued to Peraso Tech stockholders |  |  | 76,390 |
Exchangeable Shares issued to Peraso Tech stockholders |  |  | 199,556 |
Escrow Shares - common stock |  |  | 12,564 |
Escrow Shares - Exchangeable Shares |  |  | 32,822 |
Total shares issued and outstanding |  |  | 539,230 |
Schedule of Fair Value of Total Consideration Effectively Transferred | The fair value of the total consideration effectively transferred is summarized in the following table (in thousands, except per-share amount):
Company share price (i) |  | $ | 168.40 |
Company common shares outstanding (ii) |  |  | 218 |
Fair value of the Company’s common shares outstanding |  |  | 36,711 |
Fair value of the Company’s warrants (iii) |  |  | 301 |
Fair value of the Company’s warrants (iii) |  |  | 782 |
Percent related to precombination service |  |  | 80.76 | %
Fair value of the Company’s precombination service share based awards (iii) |  |  | 632 |
Consideration effectively transferred |  | $ | 37,644 |
| (i) | Represents the Company’s share price as of December 16, 2021
| (ii) | Represents the Company’s outstanding shares as of December 16, 2021
| (iii) | Represents the fair value of the Company’s warrants outstanding and calculated as of December 16, 2021
Schedule of Fair Value of the Acquired Assets and Assumed Liabilities of the Accounting Acquiree | The following table summarizes the final allocation of the purchase price to the net assets acquired based on the respective fair value of the acquired assets and assumed liabilities of the accounting acquiree, which is the Company.
|  | December 31, |
|  | 2021 |
|  | (in thousands) |
Assets: |  |  |
Cash, cash equivalents and investments |  | $ | 19,064 |
Other current assets |  |  | 2,558 |
Other assets |  |  | 833 |
Intangibles |  |  |  |
Developed technology |  |  | 5,726 |
Customer relationships |  |  | 2,556 |
|  |  | 8,282 |
Goodwill |  |  | 9,946 |
Liabilities: |  |  |  |
Current liabilities |  |  | 3,056 |
|  | $ | 37,627 |
Schedule of Unaudited Pro Forma Results of Operations | This summary of the unaudited pro forma results of operations is not necessarily indicative of what the Company’s results of operations would have been had Peraso Tech been acquired at the beginning of 2021, nor does it purport to represent results of operations for any future periods.
|  | Year ended December 31, |
|  | 2021 |
Revenue |  | $ | 10,670 |
Net loss |  |  | (19,977 | )
add back: acquisition costs |  |  | 1,628 |
Adjusted net loss |  | $ | (18,349 | )

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + 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 -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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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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