XML 64 R53.htm IDEA: XBRL DOCUMENT v3.22.2.2
EARNOUT LIABILITY - BACKBONE ENTERPRISE (Details Narrative) - USD ($)
6 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
EARNOUT LIABILITY - BACKBONE ENTERPRISE (Details Narrative)      
Total Cumulative Amount Earned $ 359,000    
Payment For Earout Liability Period $ 259,000    
Description Of Agreement Aggregate Purchase Price the Shares consisted of (i) a cash payment of $5.5 million, less certain transaction expenses (the “Cash Consideration”), (ii) the issuance of 491,804 shares of our common stock to the Stockholders, pro rata among the Stockholders in proportion to each Stockholder’s ownership of the Shares, and (iii) an earn-out, pursuant to which the Stockholders may be entitled to an additional $4.0 million based upon the post-closing financial performance of Backbone, to be calculated annually based upon revenue generated by the Backbone business during each year    
Cash Consideration $ 1,500,000    
Contingent Earnout Liability 1,100,000    
Contingent Earn-out Estimate Full Write-off 1,300,000    
Valuation Of Contingent Earn-out Estimate Previous   $ 500,000 $ 300,000
Estimated Fair Value Of Earnout 1,300,000    
Fair Value Balance Ear-out $ 2,400,000