Business Combination (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination (Tables) [Line Items]

Schedule of unaudited pro forma financial information

	Year ended December 31,
(Dollar Amounts in Thousands)	2021			2020
Revenue, net	$	90,821		$	52,723
Net loss before non-controlling interest		(35,783	)		(25,571	)
Income (loss) attributable to non-controlling interest		140			(22	)
Net loss	$	(35,923	)	$	(25,549	)

	Year ended December 31,
(Dollar Amounts in Thousands)	2020
Revenue, net	$	12,121
Net loss before non-controlling interest	$	(22,743	)
Loss attributable to non-controlling interest		65
Net loss	$	(22,678	)

Precision and Cascade [Member]

Business Combination (Tables) [Line Items]

Schedule of components and the allocation of the purchase price

(Dollar Amounts in Thousands)
Purchase price consideration:
Cash paid to Sinclair Members at close	$	23,000
Cash contributed to escrow accounts at close		7,000
Cash paid for excess net working capital		1,430
Stock issued at close		14,535
Fair value of contingent consideration to be achieved		3,953
Fair value of total consideration transferred		49,918
Total purchase price, net of cash acquired	$	48,630
Fair value allocation of purchase price:
Cash and cash equivalents	$	1,288
Accounts receivable		897
Inventory		6,761
Prepaid and other assets		1,736
Property and equipment, net		970
Operating lease right of use assets		730
Capitalized web costs, net		2
Accounts payable and accrued expenses		(9,196	)
Deferred revenue		(5,419	)
Long-term debt		(1,961	)
Operating lease liabilities, current		(392	)
Operating lease liabilities, noncurrent		(362	)
Acquired intangible assets		9,889
Goodwill		44,975
Total purchase price	$	49,918

PurePressure [Member]

Business Combination (Tables) [Line Items]

Schedule of components and the allocation of the purchase price

(Dollar Amounts in Thousands)
Purchase price consideration:
Estimated closing proceeds	$	3,613
Indebtedness paid		320
Transaction expenses		115
Closing buyer shares		2,211
Holdback buyer shares		654
Earn-out consideration		707
Estimated working capital adjustments		330
Fair value of total consideration transferred		7,950
Total purchase price, net of cash acquired	$	7,647
Fair value allocation of purchase price:
Cash and cash equivalents	$	303
Accounts receivable, net		48
Inventory		1,537
Property and equipment, net		219
Right of use assets, net		191
Prepaid expenses and other receivables		61
Other non-current assets		16
Accounts payable and accrued expenses		(706	)
Deferred revenue		(762	)
Operating lease liabilities, current		(117	)
Operating lease liabilities, noncurrent		(74	)
Finance lease liabilities, current		(4	)
Finance lease liabilities, noncurrent		(10	)
Notes payable, current		(260	)
Notes payable, noncurrent		(12	)
Acquired intangible assets		3,037
Goodwill		4,483
Total purchase price	$	7,950

TriGrow [Member]

Business Combination (Tables) [Line Items]

Schedule of components and the allocation of the purchase price

(Dollar Amounts in Thousands)
Components of Purchase Price:
Obligation to invest cash in profit interest	$	1,140
Capital stock consideration		1,356
Noncontrolling Interest		207
Total purchase price	$	2,703
Allocation of Purchase Price:
Net tangible assets, including cash acquired of $44	$	543
Identifiable intangible assets:
Brand rights		930
Customer relationships		850
Total identifiable intangible assets		1,780
Goodwill		380
Total purchase price allocation	$	2,703

Harbor Mountain Holdings, LLC [Member]

Business Combination (Tables) [Line Items]

Schedule of components and the allocation of the purchase price

(Dollar Amounts in Thousands)
Components of Purchase Price:
Waiver of net receivable owed to Agrify	$	214
Total purchase price	$	214
Allocation of Purchase Price:
Net tangible assets (liabilities):
Cash	$	4
Property and Equipment		817
Accounts payable		(187	)
Accrued expenses		(23	)
Financing lease liabilities		(649	)
Net tangible liabilities		(38	)
Goodwill		252
Total purchase price allocation	$	214

Precision and Cascade [Member]

Business Combination (Tables) [Line Items]

Schedule of unaudited pro forma condensed combined financial statements

(Dollar Amounts in Thousands)	Asset Value		Useful Life
Identified intangible assets:
Trade names	$	1,260	6 to 7 years
Acquired developed technology		3,818	5 years
Non-compete agreements		1,202	5 years
Customer relationships		3,609	7 to 8 years
Total identified intangible assets	$	9,889

(Dollar Amounts in Thousands)	Asset Value		Useful Life
Identified intangible assets:
Trade name	$	227	5 years
Acquired developed technology		1,093	8 years
Customer relationships		1,717	5 years
Total identified intangible assets	$	3,037