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Business Combinations (Tables)
12 Months Ended
Mar. 31, 2021
Business Combinations [Abstract]  
Schedule of consideration of common stock
Fair Value of Consideration Transferred:    
Common stock  $14,991 
Contingent consideration   1,100 
Total  $16,091 
Fair Value of Consideration Transferred:    
Common stock  $6,391 
Additional paid-in capital – common stock to be issued   313 
Contingent consideration   1,654 
Total  $8,358 
Schedule of fair value of the assets acquisition
Asset Type  Weighted
Average
Amortization
Period
(Years)
   Fair Value 
Cash and cash equivalents       $1,286 
Accounts receivable        3,951 
Prepaid expense and other assets        316 
Property and equipment        119 
Content creator relationships   1.6    772 
Trade name   10    1,010 
Goodwill        12,042 
Accounts payable and accrued liabilities        (2,934)
Deferred tax asset        972 
Allowance for deferred tax asset        (972)
Note payable        (471)
Net assets acquired       $16,091 
Asset Type  Weighted
Average
Amortization
Period
(Years)
   Fair Value 
Cash and cash equivalents       $1,132 
Accounts receivable        6,153 
Inventories        2,600 
Prepaid expense        29 
Property and equipment        585 
Wholesale relationship   6    2,500 
Domain name   10    400 
Customer list   5    172 
Goodwill        905 
Other assets        53 
Right of use asset        1,086 
Lease liability        (1,086)
Accounts payable        (5,067)
Deferred tax liability        (388)
Other liabilities        (716)
Net assets acquired       $8,358 
Asset Type  Fair Value 
Cash  $138 
Accounts receivable   101 
Prepaid expense and other assets   37 
Property and equipment   17 
Brands names   1,500 
Non-compete agreement   250 
Fan database   230 
Accounts payable and accrued liabilities   (221)
Deferred tax liability   (107)
Gain on bargain purchase, net of tax   (404)
Net assets acquired  $1,541 
Schedule of revenues, net loss and earnings per share
  

Year Ended March 31,
(unaudited)

 
   2021   2020 
         
Revenues  $83,050   $57,823 
Net loss   (41,801)   (42,025)
Net loss per share – basic and diluted  $(0.61)  $(0.72)
  

Year Ended March 31,
(unaudited)

 
   2021   2020 
         
Revenues  $69,953   $63,985 
Net loss   (42,656)   (40,398)
Net loss per share – basic and diluted   (0.62)  $(0.65)
   Year Ended
March 31,
(unaudited)
 
 
   2020 
     
Revenues  $52,727 
Net loss   (42,476)
Net loss per share – basic and diluted   (0.76)