XML 85 R69.htm IDEA: XBRL DOCUMENT v3.22.1
Acquisitions - Schedule of Total Purchase Consideration and Fair Values of Acquired Assets and Liabilities at Acquisition Date (Details) - USD ($)
Dec. 31, 2021
Feb. 29, 2020
Aug. 24, 2021
Dec. 31, 2020
Recognized amounts of identifiable assets acquired and liabilities assumed        
Goodwill $ 12,666,000   $ 0 $ 4,162,000
Zenith        
Consideration        
Cash Consideration   $ 6,909,000    
Promissory Note Consideration   974,000    
Stock Consideration   813,000    
Settlement of Preexisting Relationships   1,158,000    
Fair Value of Total Consideration Transferred   9,854,000    
Recognized amounts of identifiable assets acquired and liabilities assumed        
Cash   4,527,000    
Accounts receivable   518,000    
Inventory   692,000    
Prepaid expenses and other current assets   632,000    
Property and equipment, net   61,000    
Total identifiable assets acquired   6,430,000    
Accounts payable   490,000    
Accrued expenses and other current liabilities   248,000    
Total liabilities assumed   738,000    
Total identifiable net assets   5,692,000    
Goodwill   $ 4,162,000    
iQuue        
Consideration        
Cash Consideration 6,192,000      
Contingent consideration 5,230,000      
Cash consideration held in escrow 1,021,000      
Net working capital adjustment 508,000      
Fair Value of Total Consideration Transferred 12,951,000      
Recognized amounts of identifiable assets acquired and liabilities assumed        
Cash 290,000      
Accounts receivable 721,000      
Inventory 49,000      
Intangible assets 3,590,000      
Prepaid expenses and other current assets 5,000      
Total identifiable assets acquired 4,655,000      
Accounts payable 48,000      
Deferred revenue 91,000      
Accrued expenses and other current liabilities 69,000      
Total liabilities assumed 208,000      
Total identifiable net assets 4,447,000      
Goodwill $ 8,504,000