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BHB Acquisition (Tables) - Balanced Health Botanicals | 12 Months Ended
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Dec. 31, 2021
Business Acquisitions Purchase Price Allocation To Assets Acquired And Liabilities Assumed | The following table shows the allocation of the purchase price to assets acquired and liabilities assumed, based on estimates of fair value, including a summary of the identifiable classes of consideration transferred, and amounts by category of assets acquired and liabilities assumed at the acquisition date:
Consideration paid |  | Shares |  |  | Share Price |  |  | Amount |
Cash |  |  |  |  |  |  |  |  |  | $ | 30,000 |
Village Farms common shares issued |  |  | 4,707,113 |  |  | $ | 8.87 |  |  |  | 41,752 |
Working capital adjustment |  |  |  |  |  |  |  |  |  | $ | (2 | )
Total fair value of consideration |  |  |  |  |  |  |  |  |  | $ | 71,750 |
|  | August 16, 2021 |
ASSETS |  |  |  |
Cash and cash equivalents |  | $ | 4,056 |
Trade and other receivables, net |  |  | 1,030 |
Inventories |  |  | 1,796 |
Prepaid expenses and deposits |  |  | 667 |
Property, plant and equipment |  |  | 1,900 |
Right-of-use asset |  |  | 5,099 |
Goodwill |  |  | 60,008 |
Intangibles |  |  | 9,394 |
Other assets |  |  | 362 |
Total assets |  |  | 84,312 |
LIABILITIES |  |  |  |
Trade payables |  |  | 688 |
Accrued liabilities |  |  | 6,659 |
Other current liabilities |  |  | 192 |
Lease liability |  |  | 5,023 |
Total liabilities |  |  | 12,562 |
Net assets acquired |  |  | 71,750 |
Business Acquisition, Pro Forma Information | The following unaudited pro forma information presents the Company’s consolidated results assuming the Balanced Health Acquisition occurred on January 1, 2020.
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |
Sales |  | $ | 287,378 |  |  | $ | 206,901 |
Net income |  | $ | (7,564 | ) |  | $ | 3,263 |

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