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Business Acquisitions (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Schedule of acquisitions

The following table summarizes the final fair values assigned to the assets and liabilities acquired in addition to the excess of the purchase price over the net assets acquired at the acquisition date.

 

Sow Organic, LLC:

 

 May 16, 2018

 

Software acquired

 

$

          156,000

 

Identifiable intangible assets:

 

 

 

Tradenames and trademarks

 

 

48,000

 

Non-compete agreements

 

 

84,000

 

Customer relationships

 

 

162,000

 

Goodwill

 

 

433,131

 

Total consideration

 

$

          883,131

 

 

The following table summarizes the final fair values assigned to the assets and liabilities acquired in addition to the excess of the purchase price over the net assets acquired at the acquisition date.

 

JVF Consulting, LLC:

 

 August 30, 2018

 

Software acquired

 

$

          207,000

 

Identifiable intangible assets:

 

 

 

 

Tradenames and trademarks

 

 

87,000

 

Non-compete agreements

 

 

37,000

 

Customer relationships

 

 

104,000

 

Goodwill

 

 

380,290

 

Total consideration

 

$

          815,290