ACQUISITION (Tables)

12 Months Ended

Dec. 31, 2016

The allocation of the purchase price is as follows:

(in thousands)

Purchase price	$	4,501

Inventory	$	2,302
Property and equipment		831
Software		73
Intangible, customer lists		270
Intangible, trademark and tradename		130
Intangible, technology-based asset		1,000
Goodwill		64
Liabilities assumed		(169)
	$	4,501

Summarizes The Unaudited Pro Forma Information

The table below summarizes the condensed pro forma information of the results of operations of the Company, for the year ended December 31, 2015 and 2014 as though the acquisition had been completed as of January 1, 2014:

For the year ended December 31, 2015

(in thousands)	CUI
	Global, Inc.		Tectrol, Inc.		Adjustment (1)		Pro forma
Gross revenue	$	86,240	$	4,837	$	—	$	91,077
Total expenses		92,227		5,212		31		97,470
Net income (loss)	$	(5,987)	$	(375)			$	(6,393)

For the year ended December 31, 2014

(in thousands)	CUI
	Global, Inc.		Tectrol, Inc.		Adjustment (1)		Pro forma
Gross revenue	$	76,045	$	16,494	$	—	$	92,539
Total expenses		78,846		17,804		186		96,836
Net income (loss)	$	(2,801)	$	(1,310)			$	(4,297)

(1)

Adjustment to recognize the estimated depreciation and amortization expense for each of the presented periods assuming amortization of the intangible assets and depreciation of tangible assets over their estimated useful lives. Estimated depreciation and amortization for the unaudited pro forma condensed consolidated statements of operations are $31 thousand and $0.2 million for 2015 and 2014, respectively.