Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS - Acquisition of EnvisionTEC (Details)

v3.22.4
ACQUISITIONS - Acquisition of EnvisionTEC (Details) - USD ($)
$ in Thousands
11 Months Ended 12 Months Ended
Feb. 17, 2021
Feb. 16, 2021
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Liabilities assumed:            
Goodwill     $ 639,301 $ 112,955 $ 639,301 $ 2,252
Business Combination, Consideration Transferred [Abstract]            
Decrease to goodwill       (606)    
Decrease in deferred income tax liabilities     10,695 8,430 10,695  
Decrease in deferred revenue     22,700 17,400 22,700  
Decrease in inventory       28,183 16,962 $ 1,303
Gross value     280,751 277,259 280,751  
Acquired technology            
Business Combination, Consideration Transferred [Abstract]            
Gross value     198,631 196,367 198,631  
Trade name            
Business Combination, Consideration Transferred [Abstract]            
Gross value     12,475 12,459 12,475  
Customer relationships            
Business Combination, Consideration Transferred [Abstract]            
Gross value     69,127 67,915 $ 69,127  
EnvisionTEC            
Assets acquired:            
Cash and cash equivalents   $ 859        
Restricted cash   5,004        
Accounts receivable   2,982        
Inventory   7,668        
Prepaid expenses and other current assets   1,081        
Restricted cash - noncurrent   285        
Property and equipment   1,540        
Intangible assets   137,300        
Other noncurrent assets   1,801        
Total assets acquired   158,520        
Liabilities assumed:            
Accounts payable   1,442        
Customer deposits   2,460        
Current portion of lease liability   605        
Accrued expenses and other current liabilities   13,706        
Liability for income taxes   480        
Deferred revenue   492        
Current portion of long-term debt   898        
Long-term debt   285        
Deferred tax liability   29,009        
Lease liability, net of current portion   1,189        
Total liabilities assumed   50,566        
Net assets acquired   107,954        
Goodwill   195,688   16,400    
Total net assets acquired   303,642        
Business Combination, Consideration Transferred [Abstract]            
Purchase consideration   303,642        
Payment to acquire business   $ 143,795        
Common stock issued for acquisition   5,036,142        
Common stock fair value issued for acquisition   $ 159,800        
Equity consideration   159,847        
Decrease to goodwill $ (3,400)          
Decrease in inventory (1,000)          
Amount of adjustment related to assets acquired and liabilities assumed 300          
Gross value   137,300        
Transaction costs       $ 4,800    
Net revenues included in consolidated result     33,300      
Net income (loss) included in consolidated result     $ (11,100)      
EnvisionTEC | Cumulative Effect, Period of Adoption, Adjustment            
Business Combination, Consideration Transferred [Abstract]            
Decrease in deferred income tax liabilities 4,100          
Decrease in deferred revenue $ 200          
EnvisionTEC | Acquired technology            
Business Combination, Consideration Transferred [Abstract]            
Gross value   77,800        
EnvisionTEC | Trade name            
Business Combination, Consideration Transferred [Abstract]            
Gross value   $ 8,600        
Estimated Life   14 years        
EnvisionTEC | Customer relationships            
Business Combination, Consideration Transferred [Abstract]            
Gross value   $ 50,900        
Estimated Life   12 years        
Minimum | EnvisionTEC            
Business Combination, Consideration Transferred [Abstract]            
Estimated Life   7 years        
Maximum | EnvisionTEC            
Business Combination, Consideration Transferred [Abstract]            
Estimated Life   14 years