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Business acquisitions (Tables)
12 Months Ended
Dec. 31, 2020
Business acquisitions  
Allocation of the purchase price consideration

 

 

 

 

Purchase consideration

    

 

    

 

 

 

 

Cash

 

$

6,886,812

Share issuance

 

 

2,611,044

Deferred and contingent consideration

 

 

1,274,402

 

 

 

10,772,258

Net assets acquired

 

 

  

 

 

 

 

Cash

 

 

175,346

Current assets

 

 

886,392

Capital and other assets

 

 

6,321,730

Current liabilities

 

 

(1,233,400)

Long-term liabilities

 

 

(5,415,460)

Covenants not to compete

 

 

310,000

Management services agreement

 

 

6,020,000

 

 

 

7,064,608

 

 

 

 

Goodwill

 

$

3,707,650