Business Acquisitions (Tables)

9 Months Ended

Sep. 30, 2021

Business Acquisition [Line Items]

Schedule of Intangible Assets Acquisition

The intangible assets preliminarily identified in conjunction with the Nebula Acquisition are as follows (amount in thousands): 

	Gross Carrying Value		Estimated Useful Life (in years)
Trade names	$	5,550		15
Proprietary intellectual property		4,260		5
Customer relationships		1,180		1
Total	$	10,990

Schedule of Pro-forma Results

The following table summarizes, on a pro forma basis, the combined results of the Company as though the Nebula Acquisition had occurred as of January 1, 2020. These pro forma results are not necessarily indicative of the actual consolidated results had the acquisition occurred as of that date or of the future consolidated operating results for any period. Pro forma results are (in thousands):

	For the three months ended						For the nine months ended
	September 30, 2021			September 30, 2020			September 30, 2021			September 30, 2020
Revenue, net	$	9,843		$	4,131		$	36,007		$	9,890
Net loss	$	(4,020	)	$	(764	)	$	(4,454	)	$	(2,425	)

Nebula Acquisition [Member]

Business Acquisition [Line Items]

Schedule of Assets Acquired and Liabilities Assumed

Short term investments	$	1,800
Accounts receivable		222
Inventory		435
Prepaid and other current assets		379
Definite-lived intangible assets		10,990
Total assets acquired		13,826
Accounts payable		(372	)
Accrued expenses and other current liabilities		(43	)
Deferred revenue		(1,140	)
Note payable		(81	)
Total liabilities assumed		(1,636	)
Net identifiable assets acquired		12,190
Goodwill		484
Total consideration, net of cash acquired (1)	$	12,674

⁽¹⁾ Net of $1,639 cash acquired and $257 anticipated amounts due back to the Company from the escrow account.

C P M Acquisition [Member]

Business Acquisition [Line Items]

Schedule of Assets Acquired and Liabilities Assumed

Clinical lab material	$	180
Lab equipment		112
Definite-lived intangible asset		1,307
Total assets acquired		1,599
Liabilities assumed		-
Net identifiable assets acquired		1,599
Goodwill		901
Total consideration	$	2,500