Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Certain Transactions (Tables)

v3.23.3
Certain Transactions (Tables)
 9 Months Ended
Sep. 30, 2023
Certain Transactions [Abstract]  
Schedule of Fair Value Allocated To Such Net Assets In The Transaction The Company recorded a net gain of $39.1 million from the deconsolidation of MakerBot, representing the difference between the book value of MakerBot’s net assets and the fair value allocated to such net assets in the transaction, as follows:
    U.S. $ in thousands
Fair Value, net   $ 55,751  
Net assets deconsolidated     (14,146 ) 
Transaction expenses     (2,469 ) 
Gain on deconsolidation of subsidiary   $ 39,136  
Schedule of Fair Value of The Consideration Transferred The following table summarizes the fair value of the consideration transferred to Covestro AG for the Covestro transaction:
    U.S. $ in thousands
Cash payments*   $ 53,816  
Issuance of ordinary shares to Covestro stockholders     5,201  
Contingent consideration at estimated fair value     659  
Total consideration   $ 59,676  
*Of which $50.0 million was paid on April 3, 2023 and the balance was paid on October 2, 2023.
Schedule of Preliminary Allocation of The Purchase Price The preliminary allocation of the purchase price to assets acquired and liabilities assumed is as follows:
    Allocation of Purchase Price
    (U.S. $ in thousands)
Inventory   $ 10,342  
Fixed assets     8,245  
Goodwill     20,199  
Intangible assets     21,495  
Total assets acquired     60,281  
     
     
Other current liabilities     605  
Total liabilities assumed     605  
     
Net assets acquired   $ 59,676