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Note 20 - Subsequent Event
12 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Subsequent Events [Text Block]
20.
SUBSEQUENT EVENT
 
On
October 2, 2020,
the Company completed the acquisition of the assets of Amika Mobile, pursuant to an Asset Purchase Agreement. Amika Mobile is a leading provider of integrated emergency critical communications based in Ottawa, Canada. Pursuant to the terms of the Purchase Agreement, the Company paid cash consideration of
CAD$6,955
(USD
$5,281
), subject to a
CAD$1,000
(approximately USD
$748
) holdback related to the deferred revenue and prepaid expenses of Amika Mobile. The Company also agreed to issue to Amika Mobile
191,267
shares of the Company's common stock on each of the first, second, and
third
anniversaries of the closing date. The Company funded the transaction with available cash on hand. The Company is currently determining the accounting treatment for the transaction, specifically related to the fair value of acquired intangible assets, liabilities, and the related tax impact. The Company believes the acquisition of Amika Mobile will expand the Company's enterprise software solutions and enhance the Company's unified multi-channel critical communications platform.