ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2022

Disclosure of detailed information about business combination [abstract]

Summary of Preliminary Purchase Price Allocation

The table below outlines the preliminary purchase price allocation of the purchase for RotoWire to the acquired identifiable assets, liabilities assumed and goodwill:


Purchase price consideration:
Cash paid			14,700
Common shares issued, at fair value			4,600
Deferred consideration, at fair value			7,250
Total acquisition consideration			26,550
Assets acquired:
Cash and cash equivalents			1,999
Accounts receivable			760
Prepaid expenses and other current assets			292
Identifiable intangible assets			19,000
Right of use asset			617
Other assets			7
Total assets acquired			22,675
Liabilities assumed:
Accounts payable			(16)
Deferred income			(1,120)
Lease liability			(617)
Deferred tax			(4,008)
Other current liabilities			(1,140)
Total liabilities assumed			(6,901)
Total net assets			15,774
Goodwill			10,776
Total acquisition consideration			26,550

The table below outlines the preliminary purchase price allocation of the purchase for BonusFinder to the acquired identifiable assets, liabilities assumed and goodwill:


Purchase price consideration:
Cash paid			11,168
Cash payable			4,279
Common shares issued, at fair value			2,792
Contingent consideration, at fair value			20,437
Total acquisition consideration			38,676
Assets acquired:
Cash and cash equivalents			4,574
Accounts receivable and other current assets			1,284
Identifiable intangible assets			33,475
Right of use asset			126
Other non-current assets			37
Total assets acquired			39,496
Liabilities assumed:
Accounts payable			(234)
Corporate tax payable			(460)
Lease liability			(126)
Total liabilities assumed			(820)
Total net assets			38,676
Goodwill			—
Total acquisition consideration			38,676