XML 188 R49.htm IDEA: XBRL DOCUMENT v3.23.3
Acquisitions (Details Narrative) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
May 01, 2023
Apr. 01, 2023
Mar. 01, 2023
Jan. 11, 2023
Sep. 27, 2022
Apr. 01, 2022
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Asset Acquisition [Line Items]                    
Share value                 $ 30,490
Adjustment description               The adjustments for the three months ended September 2022 of $317, represents adjustments: (1) to record depreciation and amortization expense related to the fixed and intangible assets acquired from the acquisition of ($216); and (2) to reverse the deferred tax provision related to the acquisition $533. The adjustments for the nine months ended September 2022 of ($1,724), represents adjustments: (1) to record depreciation and amortization expense related to the fixed and intangible assets acquired from the acquisition of ($648); (2) to reverse the nonrecurring transaction cost related to the acquisition of $200; and (3) to reverse the deferred tax benefit related to the acquisition of ($1,276)    
Common Stock [Member]                    
Asset Acquisition [Line Items]                    
Share value                 $ 42
Athlon Holdings, Inc. [Member]                    
Asset Acquisition [Line Items]                    
Acquired percentage           100.00%        
Business combination consideration transferred1           $ 15,854        
Acquired cash           1,840        
Cash portion in acquisition           12,827        
Cash payments paid at closing           11,840        
Amount to be paid post-closing           $ 987        
Number of shares issued in acquisition           314,103        
Fair value of shares issued in acquisition           $ 3,141        
Acquisition description           The amount estimated to be paid post-closing of $987 will be or was paid as follows: (i) $742 is expected to be paid upon receipts of certain tax refunds due to the sellers (consisting of $3,000 for the deferred cash payments, as discounted, less a $2,258 cash adjustment); and (ii) $245 was paid within two business days from the date the Company received proceeds from the sale of the equity interest in Just Like Falling Off a Bike, LLC that was held by Parade as of the closing date (paid on April 7, 2022)        
Acquisition description               The Company received a final valuation report from a third-party valuation firm after the preliminary purchase price was adjusted during the quarterly period ended September 30, 2022. After considering the results of the final valuation report, the Company estimated that the purchase consideration decreased by $321. The decrease in the purchase price was related to an increase in identifiable assets of $54, an increase in deferred tax liabilities of $27, with a decrease in the working capital adjustment of $321, resulting in a decrease in goodwill of $348    
Transaction cost           $ 200        
Athlon Holdings, Inc. [Member] | Common Stock [Member]                    
Asset Acquisition [Line Items]                    
Stock value assigned           $ 3,000        
Advertiser Relationships [Member]                    
Asset Acquisition [Line Items]                    
Estimated useful life                 15 years  
Advertiser Relationships [Member] | Athlon Holdings, Inc. [Member]                    
Asset Acquisition [Line Items]                    
Estimated useful life           8 years 9 months        
Brand Names [Member]                    
Asset Acquisition [Line Items]                    
Estimated useful life                 12 years  
Digital Content [Member] | Athlon Holdings, Inc. [Member]                    
Asset Acquisition [Line Items]                    
Estimated useful life           2 years        
Trade Names [Member] | Athlon Holdings, Inc. [Member]                    
Asset Acquisition [Line Items]                    
Estimated useful life           14 years 6 months        
Teneology Inc [Member]                    
Asset Acquisition [Line Items]                    
Deferred cash payments $ 25 $ 25 $ 25              
Teneology Inc [Member] | Fexy Studios [Member]                    
Asset Acquisition [Line Items]                    
Purchase price       $ 3,307            
Cash paid for consideration       500            
Advance payments of cash       250            
Deferred cash payments       75            
Deferred cash payment due       $ 200            
Number of shares issued for asset acquisition       274,692            
Fair value of shares issued       $ 2,000            
Share value       $ 2,225            
Common stock trading price       $ 7.94            
Cash retention pool for employees       $ 300            
Asset acquisition transaction cost       $ 99            
Buffalo Groupe LLC [Member] | Intellectual Properties [Member]                    
Asset Acquisition [Line Items]                    
Cash paid for consideration         $ 850,000          
Buffalo Groupe LLC [Member] | Intellectual Properties [Member] | Brand Names [Member]                    
Asset Acquisition [Line Items]                    
Estimated useful life         10 years