MTI Instruments Sale (Tables)

6 Months Ended

Jun. 30, 2022

Mti Instruments Sale

The following table presents the gain associated with the sale.

The following table presents the gain associated with the sale.

(Dollars in thousands)
	As of April 11,
	2022
Consideration received	$	10,750
Plus: closing cash		1
Less: transaction costs		(998	)
Less: closing indebtedness		(483	)
Plus: new working capital adjustments		(40	)
Adjusted consideration received		9,230
Cash		1
Accounts receivable, net		1,119
Inventories		888
Prepaid expense and other current assets		42
Operating lease right-of-use assets		579
Deferred tax assets		171
Property, plant and equipment, net		76
Total assets		2,876
Accounts payable		122
Accrued liabilities		547
Operating lease liability		579
Total liabilities		1,248
Net assets transferred		1,628
Gain on sale	$	7,602