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Business Combination (Tables)
12 Months Ended
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)