XML 97 R77.htm IDEA: XBRL DOCUMENT
v3.21.2

BUSINESS COMBINATIONS (Details Narrative) - USD ($) |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Jul. 07, 2021 | May 10, 2021 | Aug. 27, 2021 | Jan. 31, 2021 | Mar. 31, 2019 | Mar. 31, 2021 | Sep. 30, 2021 | Sep. 30, 2021 | Mar. 25, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Mar. 29, 2019
Common stock value |  |  |  |  |  |  | $ 1,439 | $ 1,439 |  | $ 220 | $ 145 |
Acquired intangible assets |  |  |  |  |  | $ 16,000,000 |  |  |  |  |  |
Genesys acquisition [Member] |  |  |  |  |  |  |  |  |  |  |  |
Purchase consideration shares |  |  |  |  | 200,000 |  |  |  |  |  |  |
Beneficial ownership limitation, percentage |  |  |  |  | 4.99% |  |  |  |  |  |  |
Total acquisition price |  |  |  |  | $ 8,600,000 |  |  |  |  |  |  |
Number of common shares into which the preferred is convertible |  |  |  |  | 1,000,000 |  |  |  |  |  |  |
Preferred stock, quoted value |  |  |  |  |  |  |  |  |  |  |  | $ 8,600,000
Quoted closing price |  |  |  |  |  |  |  |  |  |  |  | $ 8.60
Scouted Asset Purchase |  |  |  |  |  |  |  |  |  |  |  |
Purchase consideration shares |  |  |  | 224,163 |  |  |  |  |  |  |  |
Total acquisition price |  |  |  | $ 1,625,183 |  |  |  |  |  |  |  |
Price per share |  |  |  | $ 7.25 |  |  |  |  |  |  |  |
Shares held in reserve, recorded as contingent consideration |  |  |  | 33,151 |  |  |  |  |  |  |  |
Cash consideration |  |  |  | $ 180,000 |  |  |  |  |  |  |  |
Total purchase price consideration |  |  |  | $ 1,800,000 |  |  |  |  |  |  |  |
OneWire Asset Purchase |  |  |  |  |  |  |  |  |  |  |  |
Price per share |  | $ 8.0797 |  |  |  |  |  |  |  |  |  |
Shares held in reserve, recorded as contingent consideration |  | 155,327 |  |  |  |  |  |  |  |  |  |
Cash consideration |  | $ 1,255,000 |  |  |  |  |  |  |  |  |  |
Consideration shares forfeiture |  | 77,664 |  |  |  |  |  | 31,066 |  |  |  |
Common stock value |  | $ 1,436,777 |  |  |  |  |  |  |  |  |  |
Acquired intangible assets |  |  |  |  |  |  | $ 1,500,000 |  |  |  |  |
Novo Asset Purchase |  |  |  |  |  |  |  |  |  |  |  |
Cash consideration |  |  | $ 1,337,500 |  |  |  |  |  |  |  |  |
Fair value contingent consideration |  |  |  |  |  |  |  | $ 543,297 |  |  |  |
Promissory note |  |  | 3,000,000 |  |  |  |  |  |  |  |  |
Amount due |  |  | 7,117,425 |  |  |  |  |  |  |  |  |
Working capital adjustments amount |  |  | $ 217,045 |  |  |  |  |  |  |  |  |
Maturity date |  |  | February 1, 2024 |  |  |  |  |  |  |  |  |
Interest rate |  |  | 6.00% |  |  |  |  |  |  |  |  |
Base Purchase Price description |  |  | the Company, obtained by dividing $2,350,000 by $4.62, the 30-day volume weighted average price of a share of the Company’s common Stock as reported by Bloomberg L.P. for the 30-day period immediately prior to the closing date (the “Equity Consideration”). |  |  |  |  |  |  |  |  |
Restricted common stock shares |  |  | 508,711 |  |  |  |  |  |  |  |  |
Parrut Asset Purchase |  |  |  |  |  |  |  |  |  |  |  |
Shares held in reserve, recorded as contingent consideration | 257,545 |  |  |  |  |  |  |  |  |  |  |
Cash consideration | $ 500,000 |  |  |  |  |  |  |  |  |  |  |
Total purchase price consideration | 112,500,000,000 |  |  |  |  |  |  |  |  |  |  |
Promissory note | 1,750,000 |  |  |  |  |  |  |  |  |  |  |
Amount due | $ 3,500,000 |  |  |  |  |  |  |  |  |  |  |
Maturity date | July 1, 2023 |  |  |  |  |  |  |  |  |  |  |
Interest rate | 6.00% |  |  |  |  |  |  |  |  |  |  |
Volume-weighted average price | $ 1,250,000 |  |  |  |  |  |  |  |  |  |  |
Closing stock valued | 1,264,551 |  |  |  |  |  |  |  |  |  |  |
Earn out consideration | $ 1,350,000 |  |  |  |  |  |  |  |  |  |  |
Upsider Asset Purchase |  |  |  |  |  |  |  |  |  |  |  |
Price per share |  |  |  |  |  |  |  |  | $ 7.88 |  |  |
Shares held in reserve, recorded as contingent consideration |  |  |  |  |  |  |  | 51,940 |  |  |  |
Cash consideration |  |  |  |  |  |  |  | $ 69,983 |  |  |  |
Total purchase price consideration |  |  |  |  |  |  |  |  | $ 3,900,000 |  |  |
Shares received by shareholders of acquiree |  |  |  |  |  |  |  | 323,094 |  |  |  |
Value of shares received by shareholders of acquiree |  |  |  |  |  |  |  |  | 2,544,362 |  |  |
Earnout consideration |  |  |  |  |  |  |  |  | 1,394,760 |  |  |
Fair value of earnout consideration |  |  |  |  |  |  |  |  | $ 1,325,003 |  |  |

X
- References No definition available. + Details
Name: | rcrt_AmountDue
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | rcrt_BasePurchasePriceDescription
Namespace Prefix: | rcrt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_BusinessCombinationAcquisitionPrice
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | rcrt_ClosingStockValued
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | rcrt_CommonSharesTransferred
Namespace Prefix: | rcrt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_ConsiderationSharesForfeiture
Namespace Prefix: | rcrt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_EarnOutConsideration
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_EarnoutConsideration
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | rcrt_EarnoutConsiderationFairValue
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | rcrt_FairValueContingentConsideration
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_MaturityDate
Namespace Prefix: | rcrt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_NumberOfCommonSharesIntoWhichThePreferredIsConvertible
Namespace Prefix: | rcrt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_PurchaseConsiderationShares
Namespace Prefix: | rcrt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_PurchasePriceConsideration
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | rcrt_QuotedClosingPrice
Namespace Prefix: | rcrt_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | rcrt_SharesHeldInReserve
Namespace Prefix: | rcrt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_ValueOfSharesReceivedByShareholdersOfAcquiree
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | rcrt_VolumeWeightedAveragePrice
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | rcrt_WorkingCapitalAdjustmentsAmount
Namespace Prefix: | rcrt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Percentage of voting equity interests acquired at the acquisition date in the business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Price of a single share of a number of saleable stocks paid or offered to be paid in a business combination. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionSharePrice
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of tangible or intangible assets, including a business or subsidiary of the acquirer transferred by the entity to the former owners of the acquiree. Excludes cash. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=120321790&loc=d3e6927-128479 + Details
Name: | us-gaap_BusinessCombinationConsiderationTransferredOther1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(13)(2)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)(3)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommercialPaper
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This item represents the aggregate value of each identified investment accounted for under the equity method of accounting based on the quoted market price for those investments in common stock for which a quoted market price is available. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentQuotedMarketValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of increase in assets, excluding financial assets and goodwill, lacking physical substance with an indefinite life, from an acquisition. + References No definition available. + Details
Name: | us-gaap_IndefinitelivedIntangibleAssetsAcquired
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number, after shares used to satisfy grantee's tax withholding obligation for award under share-based payment arrangement, of restricted shares issued. Excludes cash used to satisfy grantee's tax withholding obligation. + References No definition available. + Details
Name: | us-gaap_RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage increase in the stated interest rate on a short-term debt instrument. + References No definition available. + Details
Name: | us-gaap_ShortTermDebtInterestRateIncrease
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rcrt_GenesysAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rcrt_ScoutedAssetPurchaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rcrt_OneWireAssetPurchaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rcrt_NovoAssetPurchaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rcrt_ParrutAssetPurchaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rcrt_UpsiderAssetPurchaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |