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Acquisition (Tables)
3 Months Ended
Mar. 31, 2023
Business Combinations [Abstract]  
Summary of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed from AavantiBio at the acquisition date.

 

December 2, 2022

 

Assets

 

 

Current assets:

 

 

Cash and cash equivalents

$

31,524

 

Prepaid expenses and other current assets

 

403

 

Total current assets

 

31,927

 

Operating lease, right-of-use asset

 

1,027

 

Property and equipment

 

2,765

 

Other non-current assets

 

23

 

Total assets

$

35,742

 

Liabilities

 

 

Current liabilities:

 

 

Accounts payable

$

3,575

 

Accrued expenses

 

3,634

 

Operating lease liabilities

 

778

 

Total current liabilities

 

7,987

 

Operating lease liabilities, excluding current portion

 

350

 

Total liabilities

 

8,337

 

Net assets acquired

 

27,405

 

Total consideration paid

 

9,169

 

Gain on acquisition of business

$

18,236