XML 46 R51.htm IDEA: XBRL DOCUMENT v3.20.1
Business combination (Tables)
 12 Months Ended
Dec. 31, 2019
Business Combination Tables Abstract  
Schedule of business combination
    Number of common shares  
Mogo Finance common shares outstanding at June 20, 2019     24,101,405  
Less: Mogo Finance common shares already held by Difference (not exchanged for common shares in Difference)     (2,549,163 )
Difference common shares outstanding at June 20, 2019     5,725,821  
Common shares of Mogo outstanding upon completion of the Business Combination     27,278,063  
Common shares of Mogo Finance immediately before the Business Combination     24,101,405  
Incremental issuance of common shares     3,176,658  
Schedule of purchase consideration
Fair value of 3,176,658 incremental common shares issued     14,867  
Fair value of replacement stock-based awards attributable to pre-acquisition service     682  
Purchase consideration     15,549  
Schedule of purchase price allocation
Cash and cash equivalents     10,246  
Prepaid expenses, deposits and other assets     60  
Investment portfolio     22,804  
Accounts payable and accruals     (2,775 )
Fair value of net identifiable assets acquired     30,335  
Purchase consideration     15,549  
Gain on acquisition     14,786