v3.24.0.1
Acquisition (Tables) - V-Go
 12 Months Ended
Dec. 31, 2023
Business Acquisition [Line Items]  
Schedule of Purchase Consideration

The total purchase consideration for V-Go was as follows (in thousands):

Fair value of consideration:

 

Amount

 

Cash consideration

 

$

15,341

 

Fair value of contingent consideration(1)

 

 

610

 

Total

 

$

15,951

 

___________________________

(1)
Subsequent changes in the fair value are reported in general and administrative expenses. See Note 12 – Fair Value of Financial Instruments for subsequent fair value disclosures.
Schedule of Preliminary Amounts of Identifiable Assets Acquired and Liabilities Assumed

The information below reflects the preliminary amounts of identifiable assets acquired and liabilities assumed as of May 31, 2023 (in thousands):

 

 

Amount

 

Assets:

 

 

 

Inventory(1)

 

$

11,152

 

Property and equipment

 

 

2,921

 

Goodwill(1)

 

 

1,931

 

Intangible asset - Developed technology

 

 

1,200

 

Operating lease right-of-use assets

 

 

1,812

 

Total assets

 

 

19,016

 

Liabilities:

 

 

 

Liabilities assumed(1)

 

 

1,253

 

Operating lease liability

 

 

1,812

 

Total liabilities

 

 

3,065

 

Net assets acquired

 

$

15,951

 

___________________________

(1)
Through May 2023, goodwill related to the acquisition of V-Go was adjusted for a reduction in rebate-related liabilities partially offset by a reserve for inventory obsolescence.