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