Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Reverse Recapitalization
After giving effect to the Merger and other related events described above, the number of shares of Aurora common stock issued and outstanding subsequent to the Merger was as follows (in millions):
Shares
Aurora common stock, prior to redemptions 98 
Less: Redemption of Aurora common stock (76)
Aurora common stock, net of redemptions 22 
Sponsor shares including Earnout Shares
PIPE Investment 100 
Total shares of Aurora common stock, prior to the Merger 129 
Shares issued in exchange in the Merger 995 
Total shares of Aurora common stock, subsequent to the Merger 1,124 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of the ATG acquisition (in millions):
Fair Value
Cash and cash equivalents
$ 311 
Property and equipment, net
63 
Operating lease right-of-use assets
42 
Acquisition related intangible assets
546 
Goodwill
1,060 
Related party payable
(47)
Operating lease liabilities
(40)
Other assets and (liabilities), net (19)
Total
$ 1,916 
The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of the OURS acquisition (in millions):
Fair Value
Acquisition related intangible assets
$ 19 
Goodwill
24 
Deferred tax liability
(2)
Total
$ 41 
Schedule of Acquisition Date Fair Value of Consideration Transferred The fair value of the consideration transferred for OURS was $41 million, which consisted of the following (in millions):
Fair Value
Cash
$ 16 
Stock consideration
24 
Assumed liabilities related to third-party expenses
Total fair value of consideration transferred
$ 41