XML 61 R49.htm IDEA: XBRL DOCUMENT v3.21.2
Business Combination (Tables)
6 Months Ended
Jun. 30, 2021
Business Combination [Abstract]  
Schedule of preliminary allocation of the purchase price
Cash  $8,000 
Preliminary working capital adjustment   112 
Fair value of 231,002 shares issued at closing   1,439 
Fair value of the earnout   1,000 
Portion of deferred obligation to issue shares of common stock   1,526 
Total consideration   12,077 
      
Less the fair value of assets acquired less liabilities assumed   (3,296)
Goodwill  $8,781 

 

Schedule of fair values of the assets and liabilities
   Amount 
Accounts receivable  $3,350 
Inventory, net   1,282 
Prepaid expenses and other current assets   100 
Property and equipment, net   173 
Intangible assets, net   1,560 
Right-of-use asset   145 
Goodwill   8,781 
Other assets   12 
Accounts payable   (1,094)
Lease liability, current   (56)
Accrued expenses and other current liabilities   (1,297)
Deferred revenue   (283)
Lease liability, non-current   (89)
Long-term debt, net of current portion   (507)
Total purchase consideration  $12,077 

 

Schedule of unaudited pro forma financial information presents the combined results
   Three Months Ended
June 30,
   Six Months Ended
June 30,
 
   2021   2020   2021   2020 
Revenues  $6,502   $2,629   $12,118   $10,033 
Net (loss) income  $(10,042)  $(14,058)  $52,272   $(20,564)
Per share amounts:                    
Net (loss) income per share - basic  $(0.07)  $(0.17)  $0.38   $(0.25)
Net loss per share - diluted  $(0.07)  $(0.17)  $(0.16)  $(0.25)