Business Acquisitions

3 Months Ended

Mar. 31, 2022

Business Combinations [Abstract]

BUSINESS ACQUISITIONS

NOTE 17 BUSINESS ACQUISITIONS

During 2021, the Company completed the acquisitions of Fastback Networks, a telecommunications provider, Sky Sapience Ltd., a tethered drone provider, RVision, Inc., a video and communications developer, Innovation Digital, a developer of signal processing solutions, RF Engineering and Energy Resource, an antenna and accessories provider, and SAGUNA Networks, a software developer to expand the Company’s product offerings and developments.

The following information represents the unaudited pro forma combined results of operations, giving effect to the acquisitions as if they occurred at the beginning of the period ended March 31, 2021.

(Amounts in thousands, except share and per share amounts)	For the Three Months Ended March 31, 2021
Revenue	$	2,816
Net loss	$	(17,662	)
Basic and diluted loss per common share	$	(0.22	)
Weighted-average common shares outstanding		80,111,622