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SCHEDULE OF RECOGNIZED IDENTIFIED ASSETS ACQUIRED AND LIABILITIES ASSUMED (Details)
$ in Thousands, € in Millions
1 Months Ended 12 Months Ended
Jan. 31, 2023
USD ($)
Jan. 31, 2023
EUR (€)
Jan. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Business Acquisition [Line Items]              
Cash paid at closing         $ 4,132
Bargain purchase gain(1)         (1,669)
Ibeo Automotive Systems Gmbh [Member]              
Business Acquisition [Line Items]              
Cash paid at closing [1]         8,245    
Payable to Ibeo [2]         6,246    
Advances to Ibeo $ 7,100 € 6.6 $ 3,000 $ 4,100 7,120 [3]    
Total purchase consideration $ 21,600 € 20.0     21,611    
Inventory         1,197    
Other current assets         703    
Operating lease right-of-use asset         234    
Property and equipment, net         5,330    
Contract liabilities         (1,178)    
Operating lease liabilities         (234)    
Deferred tax liabilities         (785)    
Total identifiable net assets         23,280    
Bargain purchase gain(1) [4]         (1,669)    
Ibeo Automotive Systems Gmbh [Member] | Developed Technology Rights [Member]              
Business Acquisition [Line Items]              
Order backlog         $ 17,987    
Order backlog weighted average useful life         13 years    
Ibeo Automotive Systems Gmbh [Member] | Backlog [Member]              
Business Acquisition [Line Items]              
Order backlog         $ 26    
Order backlog weighted average useful life         1 year    
[1] Represents $7.6 million in cash paid at closing and $0.7 million in cash paid shortly after close.
[2] Recorded as accrued liability to Ibeo in our consolidated balance sheet. Pursuant to the terms of the Asset Purchase Agreement, $3.3 million will be withheld from the Purchase Price and held in escrow for a maximum period of 13 months post-closing as partial security for potential claims arising out of or in connection with the Asset Purchase Agreement and $3.0 million holdback amount is expected to be paid in first quarter of 2024.
[3] Represents $4.1 million and $3.0 million in cash advanced to Ibeo in December 2022 and January 2023, respectively.
[4] The bargain purchase gain represents the excess of the fair value of the underlying net assets acquired and liabilities assumed over the purchase consideration and is included in bargain purchase gain in the Consolidated Statement of Operations. The bargain purchase gain was attributable to the negotiation process with Ibeo during its insolvency proceedings resulting in cash consideration paid being less than the fair value of the net assets acquired.