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Business Combination (Tables)
3 Months Ended
Mar. 31, 2022
Business Combinations [Abstract]  
Summary of Final Allocation of Purchase Price to Net Assets Acquired

 The following table summarizes the final allocation of the purchase price to the net assets acquired based on the respective fair value of the acquired assets and assumed liabilities of the accounting acquiree, which is the Company.

 

 

 

 

 

 

 

December 31,

 

 

 

2021

 

Assets:

 

(in thousands)

 

Cash, cash equivalents and investments

 

$

19,064

 

Other current assets

 

 

2,558

 

Other assets

 

 

833

 

Intangibles

 

 

 

 

   Developed technology

 

 

5,726

 

   Customer relationships

 

 

2,556

 

 

 

 

8,282

 

Goodwill

 

 

9,946

 

Liabilities:

 

 

 

 

Current liabilities

 

 

3,056

 

 

 

$

37,627

 

 

 

 

 

 

Summary of Unaudited Pro Forma Results of Operations This summary of the unaudited pro forma results of operations is not necessarily indicative of what the Company’s results of operations would have been had Peraso Tech been acquired at the beginning of 2021, nor does it purport to represent results of operations for any future periods.

 

 

Three Months Ended

 

 

 

March 31, 2021

 

 

 

(in thousands)

 

Revenue

 

$

2,439

 

Net loss

 

$

(5,526

)