Note 5 - Business Combinations (Tables)

12 Months Ended

Jan. 31, 2023

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Description	Amount
Class A common stock issued	$	258,000
Class B common stock issued *		48,375
Cash payments		505,000
Second Out Term Loan		20,000
Cash settlement of seller transaction costs		1,308
Total purchase price	$	832,683

Description	Amount
Cash consideration	$	170,199
Warrants issued		14,000
Additional Term Loans issued		70,000
Cash settlement of seller transaction costs		4,251
Total purchase price	$	258,450

Description	Amount
Cash payments	$	202,119
Class A common stock issued		182,550
Cash settlement of seller transaction costs and other		1,315
Total purchase price	$	385,984

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

	Preliminary Purchase						Final Purchase
Description	Price Allocation			Adjustments (1)(2)			Price Allocation
Cash, cash equivalents and restricted cash	$	120,273		$	—		$	120,273
Current assets		118,847			706			119,553
Property and equipment		10,825			1,632			12,457
Intangible assets		769,799			(4,701	)		765,098
Long term assets		18,629			—			18,629
Total assets acquired		1,038,373			(2,363	)		1,036,010
Current liabilities		(49,056	)		(350	)		(49,406	)
Debt, including accounts receivable facility		(552,977	)		—			(552,977	)
Deferred revenue		(123,300	)		(114,047	)		(237,347	)
Deferred and other tax liabilities		(99,699	)		15,920			(83,779	)
Long term liabilities		(18,325	)		1			(18,324	)
Total liabilities assumed		(843,357	)		(98,476	)		(941,833	)
Net assets acquired		195,016			(100,839	)		94,177
Goodwill		637,667			100,839			738,506
Total purchase price	$	832,683		$	—		$	832,683

	Preliminary Purchase						Final Purchase
Description	Price Allocation			Adjustments (1)(2)			Price Allocation
Cash, cash equivalents	$	17,524		$	(100	)	$	17,424
Current assets		47,849			(2,442	)		45,407
Property and equipment		5,531			1,625			7,156
Intangible assets		185,800			—			185,800
Long term assets		12,401			(3,325	)		9,076
Total assets acquired		269,105			(4,242	)		264,863
Current liabilities		(74,463	)		10,910			(63,553	)
Deferred revenue		(23,018	)		(8,191	)		(31,209	)
Deferred and other tax liabilities		(16,934	)		(6,162	)		(23,096	)
Long term liabilities		(4,248	)		2,168			(2,080	)
Total liabilities assumed		(118,663	)		(1,275	)		(119,938	)
Net assets acquired		150,442			(5,517	)		144,925
Goodwill		108,008			5,517			113,525
Total purchase price	$	258,450		$	—		$	258,450

	Preliminary Purchase						Final Purchase
Description	Price Allocation			Adjustments			Price Allocation
Cash, cash equivalents and restricted cash	$	4,262		$	(209	)	$	4,053
Current assets		3,671						3,671
Property and equipment		385						385
Intangible assets		112,000			7,000			119,000
Total assets acquired		120,318			6,791			127,109
Current liabilities		(4,290	)		(1,876	)		(6,166	)
Deferred revenue		(18,396	)					(18,396	)
Deferred tax liabilities		(21,615	)		(6	)		(21,621	)
Total liabilities assumed		(44,301	)		(1,882	)		(46,183	)
Net assets acquired		76,017			4,909			80,926
Goodwill		309,967			(4,909	)		305,058
Total purchase price	$	385,984		$	—		$	385,984

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

Description	Amount		Life (in years)
Trademark/tradename – Skillsoft	$	84,700	indefinite
Trademark/tradename – SumTotal		5,800		9.6
Courseware		186,600		5
Proprietary delivery and development software		114,598		2.5 - 7.6
Publishing Rights		41,100		5
Customer relationships		271,400		12.6
Backlog		60,900		4.6
Total	$	765,098

Description	Amount		Life (in years)
Trademark/tradename	$	25,400		17.6
Courseware		1,500		3
Proprietary delivery and development software		2,500		0.6
Vendor relationships		43,900		2.6
Customer relationships		112,700		10.6
Total	$	186,000

Description	Amount		Life (in years)
Tradename	$	44,000		13.8
Developed technology		43,000		5
Content		17,000		5
Customer relationships		15,000		5.8
Total	$	119,000

Business Acquisition, Pro Forma Information [Table Text Block]

	Unaudited Pro Forma
	Statement of Operations
	Twelve months ended January 31,
	2023			2022
Revenue	$	563,182		$	587,999
Net loss from continuing operations		(153,640	)		(129,774	)