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Business Combination (Tables)

9 Months Ended

Sep. 30, 2023

Business Combination

summary the preliminary estimated fair value

Description		Fair Value as of January 9, 2023
Fair value of 14,649.591 Series X Convertible Preferred Stock issued		$	69,140
Fair value of Old Catheter's fully vested stock options			3,404
Total purchase price		$	72,544

summary Of preliminary purchase price allocations

Description		Fair Value
Assets acquired:
Cash and cash equivalents		$	15
Accounts receivable			71
Inventories			52
Prepaid expenses and other current assets			23
Property and equipment, net			26
Lease right-of-use assets			119
Other assets			8
Developed technology			27,014
Customer relationships			62
Trademarks			1,285
Goodwill			60,934
Total assets acquired			89,609
Liabilities assumed:
Accounts payable		$	922
Accrued expense			1,389
Interest payable			198
Convertible promissory note			250
Lease liability			124
Royalties payable			14,182
Total liabilities assumed			17,065
Total purchase price		$	72,544

Schedule of acquisition date fair values and estimated useful lives

Intangible Assets		Estimated Fair Value				Estimated Useful Life in Years
Developed technology - VIVO		$	8,244				15
Developed technology - LockeT			18,770				14
Customer relationships			62				6
Trademark - VIVO			876				9
Trademark - LockeT			409				9
		$	28,361

Schedule of Basic and diluted net loss per share - on a pro forma basis

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2023				2022				2023				2022
Revenues		$	133			$	60			$	317			$	206
Net loss			(1,927	)			(6,295	)			(70,073	)			(23,167	)
Net loss attributable to common stockholders			(1,927	)			(6,295	)			(70,873	)			(23,167	)
Basic and diluted net loss per share - on a pro forma basis (unaudited)		$	(0.28	)		$	(5.76	)		$	(14.07	)		$	(34.66	)

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Tabular disclosure of benefit obligation and plan assets for defined benefit pension plan with projected benefit obligation in excess of plan assets.

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-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480482/715-20-55-17

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-3

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