Aurora Innovation, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of the ATG acquisition:


	Fair Value
Cash and cash equivalents	$	310,540
Prepaid expenses and other current assets	6,229
Property and equipment	63,395
Operating lease right-of-use assets	41,915
Other assets	18,351
Acquisition related intangible assets	545,500
Goodwill	1,060,159
Accounts payable	(1,860)
Related party payable	(46,970)
Accrued expenses and other current liabilities	(37,796)
Operating lease liabilities	(40,413)
Deferred tax liability	(3,342)
Total	$	1,915,708

The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of the OURS acquisition:


	Fair Value
Cash and cash equivalents	$	153
Prepaid expenses and other current assets	23
Property and equipment	218
Other assets	9
Acquisition related intangible assets	19,000
Goodwill	23,477
Accounts payable	(46)
Deferred tax liability	(2,013)
Total	$	40,821

The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of acquisition:


	Fair Value
Cash and cash equivalents	$	2,649
Prepaid expenses and other current assets	268
Goodwill	30,047
Intangible assets	52,700
Fixed assets, net	623
Right-of-use assets	2,479
Accrued payroll and related liabilities	(332)
Accounts payable and accrued liabilities	(413)
Deferred tax liability	(10,830)
Operating lease liabilities	(2,479)
Total	$	74,712

Business Acquisition, Pro Forma Information

The following supplemental pro forma information combines the historical results of Aurora and ATG as if the ATG acquisition had occurred on January 1, 2020, the beginning of the earliest period presented and includes pro forma adjustments related to depreciation and amortization of acquired property, plant and equipment, share-based compensation expense, and severance expense.


	Twelve months ended December 31,
	2021		2020
Revenue	$	82,538	$	—
Net loss	(626,964)		(1,033,727)

Schedule of Business Acquisitions, by Acquisition

The OURS acquisition date fair value of the consideration transferred for OURS was approximately $40,821, which consisted of the following


	Fair Value
Cash	$	16,107
Stock Consideration	24,105
Assumed liabilities related to third-party expenses	609
Total	$	40,821

The acquisition date fair value of the consideration transferred for Blackmore was approximately $74,712, which consisted of the following:


	Fair Value
Cash	$	25,569
Stock Consideration	47,143
Assumed liabilities related to third-party expenses	2,000
Total	$	74,712