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Acquisition of ALF-X Surgical Robotic System (Tables) - ALF-X Surgical Robotic System Acquisition [Member]
3 Months Ended
Mar. 31, 2016
Summary of Fair Value Consideration

The ALF-X Acquisition-date fair value of the consideration is as follows (in thousands, except for per share amounts):

 

Common shares issued

     15,543   

Closing price per share

   $ 2.81   
  

 

 

 
   $ 43,677   
  

 

 

 

Cash consideration

     25,000   
  

 

 

 

Contingent consideration

     23,900   
  

 

 

 

Total consideration

   $ 92,577   
  

 

 

 
Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed on September 21, 2015, the date of acquisition (in thousands):

 

Accounts receivable

   $ 78   

Inventories

     2,800   

Current deferred tax asset

     526   

Other current assets

     4,180   

Property and equipment

     1,384   

Intellectual property

     48,500   

In-process research and development

     17,100   

Goodwill

     38,348   
  

 

 

 

Total assets acquired

   $ 112,916   
  

 

 

 

Accounts payable and other liabilities

     1,915   

Long-term deferred tax liabilities

     18,424   
  

 

 

 

Net assets acquired

   $ 92,577   
  

 

 

 
Summary of Business Acquisition, ProForma Information

The pro forma consolidated financial information has been calculated after applying the Company’s accounting policies and includes adjustments for transaction-related costs and amortization of intellectual property.

 

     Year Ended
December 31,
 
     2015      2014  
     (In thousands except
per share amounts)
 

Revenue

   $ 77       $ 401   

Net loss

     53,994         46,874   

Net loss per share

   $ 0.57       $ 0.63