Quarterly report [Sections 13 or 15(d)]

Acquisitions (Tables)

v3.25.3
Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2025
Business Combination [Abstract]  
Summary of Business Acquisitions Allocation of the purchase price

The following table summarizes the preliminary allocation of the purchase consideration to the assets acquired and liabilities assumed for the Cheetah Acquisition as of September 30, 2025:

Consideration:

 

 

 

Cash consideration - paid

 

$

1,600

Cash consideration - accrued

 

 

500

Common stock - issued

 

 

667

Common stock - issuable

 

 

500

Additional earn-out consideration

 

 

3,548

Fair value of consideration

 

$

6,815

 

 

 

 

Estimated fair values of net assets acquired and liabilities assumed:

 

 

 

Cash

 

$

45

Receivables and prepaid assets

 

 

340

Inventory

 

 

106

Operating lease right-of-use assets, net

 

 

42

Accounts payable

 

 

(301)

Accrued and other current liabilities

 

 

(87)

Net assets acquired

 

$

145

 

 

 

Goodwill and intangible assets

 

$

6,670
Schedule of Business Acquisitions by Acquisition compared to the preliminary values recorded

During the nine months ended September 30, 2025, preliminary acquisition date values compared to the preliminary values recorded at acquisition date changed as follows:

 

 

Preliminary allocation at acquisition

 

Adjustments

 

As adjusted

Cash consideration - paid

 

$

675

 

$

925

 

$

1,600

Cash consideration - accrued

 

 

1,325

 

 

(825)

 

 

500

Common stock - issued

 

 

—

 

 

667

 

 

667

Common stock - issuable

 

 

1,167

 

 

(667)

 

 

500

Additional earn-out consideration

 

 

3,127

 

 

421

 

 

3,548

Goodwill and intangible assets

 

 

6,149

 

 

521

 

 

6,670