Schedule of Assets Acquired and Liabilities Assumed

Any necessary adjustments will be finalized within one year from the date of acquisition (in thousands).

	Fair Value
Assets acquired:
Cash and cash equivalents	$	8,040
Accounts receivable		5,831
Prepaid expenses and other current assets		976
Property & equipment		2,042
Restricted cash		1,333
Other noncurrent assets		397
Operating leases - right-of-use assets		5,395
Intangible assets		243,612
Deferred tax assets		252
Goodwill		493,847
Total assets acquired	$	761,725

Liabilities assumed
Accounts payable	$	51,687
Accounts payable – due to related parties		14,811
Accrued expenses and other current liabilities		50,249
Accrued expenses and other current liabilities – due to related parties		30,913
Long term borrowings - current portion		5,625
Operating lease liabilities		5,395
Deferred revenue		8,809
Long-term debt, net of issuance costs		18,125

Total liabilities assumed	$	185,614

Net assets acquired	$	576,111

The following unaudited pro forma financial information presents combined results of operations as if the acquisition of Evolution AI Corporation and Pulse Evolution Corporation had occurred on January 1, 2018:

	Year Ended December 31, 2018

Operating Revenues	$	294
Net (Loss) Income	$	(15,142	)
Proforma EPS* - basic	$	(0.78	)
Proforma EPS* - dilutive	$	(0.78	)

*assumes Series X Preferred stock is converted into common stock

Schedule of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase price to the assets acquired and liabilities assumed for the Facebank AG acquisition (in thousands):

Cash	$	329
Accounts receivable		3,709
Property and equipment		16
Investments		5,671
Financial assets as fair value		2,275
Intangible assets – customer relationships		2,241
Intangible assets – intellectual property		1,215
Intangible assets – trade names and trademarks		843
Goodwill		28,541
Accounts payable		(64	)
Accrued expenses		(802	)
Deferred taxes		(1,161	)
Long-term borrowings		(22,863	)
Stock purchase price	$	19,950

Schedule of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase price to the assets acquired, liabilities assumed and noncontrolling interest for the Nexway AG Acquisition (in thousands):

Cash	$	4,152
Accounts receivable		12,900
Prepaid expenses		1,169
Inventory		61
Property and equipment		213
Intangible assets – customer relationships		2,241
Intangible assets – intellectual property		1,215
Intangible assets – trade names and trademarks		843
Goodwill		45,900
Right-of-use assets		3,594
Accounts payable		(28,381	)
Accrued expenses		(16,747	)
Current portion of lease liability		(756	)
Deferred income taxes		(450	)
Other long-term liabilities		(193	)
Lease liability		(2,838	)
Long-term borrowings		(24,609	)
Noncontrolling interests		(3,582	)
Consideration transferred	$	(5,268	)