Acquisitions (Tables) - Elauwit Networks, LLC

12 Months Ended

Dec. 31, 2020

Acquisitions

Summary of the final purchase price allocation

			Weighted Average
			Estimated Useful
	Fair Value		Life (years)
Consideration:
Cash paid	$	15,576
Holdback consideration		12,075
Contingent consideration		961
Total consideration	$	28,612
Recognized amounts of identifiable assets acquired and liabilities assumed:
Accounts receivable	$	4,494
Prepaid expenses and other current assets		1,687
Property and equipment		195
Other non-current assets		177
Accounts payable		(2,049)
Accrued expenses and other liabilities		(1,249)
Deferred revenue		(3,854)
Other non-current liabilities		(307)
Net tangible liabilities acquired		(906)
Backlog		6,982	5.0
Backlog-held for sale		750	—
Customer relationships		2,490	10.0
Partner relationships		1,200	10.0
Transition services agreement		540	2.0
Non-compete agreement		1,380	3.0
Goodwill		16,176
Total purchase price	$	28,612

Schedule of actual results

	Year Ended December 31,
	2018
Revenue	$	11,228
Net loss		(2,349)

Schedule of the unaudited pro forma results

	Year Ended December 31,
	2018
Revenue	$	268,693
Net loss		(739)
Net loss attributable to common stockholders		(2,224)
Net loss per share attributable to common stockholders
Basic	$	(0.05)
Diluted	$	(0.05)