XML 87 R76.htm IDEA: XBRL DOCUMENT v3.21.2
SCHEDULE OF PRELIMINARY FAIR VALUE OF ASSETS ACQUIRED AND LIABILITIES ASSUMED IN THE TICKET SMARTER ACQUISITION (Details)
Sep. 02, 2021
USD ($)
Sep. 02, 2021
USD ($)
Business Acquisition [Line Items]    
Cash Acquired from Acquisition   $ 51,432
Cash retained from escrow amount pursuant to settlement of working capital target $ (297,726) (297,726)
Ticket smarter acquisition [Member]    
Business Acquisition [Line Items]    
Tangible assets acquired, including $51,432 of cash acquired 7,139,930 7,139,930
Goodwill 11,839,308 11,839,308
Liabilities assumed 5,128,964 5,128,964
Net assets acquired and liabilities assumed 13,850,274 13,850,274
Cash paid at TicketSmarter Acquisition date 8,413,240 8,413,240
Common stock issued as consideration for TicketSmarter Acquisition at date of acquisition 990,360 990,360
Contingent consideration earn-out agreement 4,244,400 4,244,400
Cash paid at closing to escrow amount 500,000 500,000
Cash retained from escrow amount pursuant to settlement of working capital target (297,726) $ (297,726)
Total Elite Acquisition purchase price $ 13,850,274