v3.23.3

ACQUISITION (Tables) - Voltrek LLC

6 Months Ended

Sep. 30, 2023

Business Acquisition [Line Items]

Schedule of Preliminary Allocation of Purchase Consideration to Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price allocation for Voltrek:
 

(in thousands)		Opening Balance Sheet
Cash		$	416
Accounts receivable			1,363
Revenue earned but not billed			325
Inventory			880
Prepaid expenses and other current assets			39
Property and equipment			4
Goodwill			920
Other intangible assets			4,300
Other long-term assets			223
Accounts payable			(1,133	)
Accrued expenses and other			(286	)
Other long-term liabilities			(180	)
Net purchase consideration		$	6,871

Schedule of Intangible Assets Acquired at Date of Acquisition

The following table presents the details of the intangible assets acquired at the date of Voltrek Acquisition (dollars in thousands):

		Estimated Fair Value			Estimated Useful Life (Years)
Tradename		$	300			5
Vendor relationship			2,600			7
Customer relationships			1,400			3

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