Business acquisitions (Tables)

9 Months Ended

Sep. 30, 2022

Business acquisitions (Tables)

Preliminary Fair Values Of The Net Assets Acquired And Liabilities

Cash	$	1,231,250
Accrued expenses		18,750
Contingent consideration liability, net of $72,748 contingent consideration asset		6,827
Common stock (5,201,863 shares)		17,530,278
Total consideration	$	18,787,105
Fair values of identifiable net assets and liabilities:
Assets:
Cash	$	104,485
Deposits, prepaids and other current assets, net		5,500
Non-current assets		390,625
Operating lease right-of-use asset		2,016,700
Total assets		2,517,310
Liabilities:
Accrued liabilities		44,074
Deferred revenue		166,984
Operating lease liability		2,016,700
Total liabilities		2,227,758
Total fair value of identifiable net assets and liabilities		289,552
Goodwill (consideration given minus fair value of identifiable net assets and liabilities)	$	18,497,553

	Preliminary Estimate		Measurement Period Adjustments (1)			Final
Identifiable intangible asset	$	-	$	11,924,617		$	11,924,617
Tangible assets acquired (net of tangible liabilities assumed)		6,380,152		(134,377	)		6,245,775
Goodwill		13,418,172		(8,400,490	)		5,017,682
Deferred tax for identifiable intangible asset		-		(3,026,788	)		(3,026,788	)
Total	$	19,798,324	$	362,962		$	20,161,286