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Acquisition (Tables)
12 Months Ended
Jun. 30, 2019
Acquisition  
Schedule of Business Acquisitions, by Acquisition

 

 

 

 

 

 

 

 

Cash consideration

 

$

1,212

Equity consideration - 20% membership interest in LMCS

 

 

893

Equity consideration - warrants to purchase CCUR common stock

 

 

200

Fair value of contingent consideration

 

 

2,160

Total purchase consideration

 

$

4,465

 

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

 

 

 

 

Accounts receivable

 

$

153

Intangible assets

 

 

3,090

Goodwill

 

 

1,260

Total assets acquired

 

 

4,503

 

 

 

 

Accrued commission

 

 

38

Total liabilities assumed

 

 

38

Net assets acquired

 

$

4,465

 

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average

 

    

 

 

    

Amortization

 

 

Fair Value

 

Period (Years)

Trade name

 

$

180

 

10.0

Non-competition agreements

 

 

790

 

5.0

Investor/funder relationships

 

 

2,120

 

7.0

Total

 

$

3,090

 

6.7

 

Business Acquisition, Pro Forma Information

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss)

 

 

 

 

 

from continuing

 

    

Revenue

    

operations

 

 

(Amounts in thousands)

 

 

 

 

 

 

 

Actual from February 13, 2019 to June 30, 2019

 

$

2,004

 

$

(656)

 

 

 

 

 

 

 

Supplemental pro forma information for the period from:

 

 

  

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 1, 2018 to June 30, 2019

 

$

4,605

 

$

1,229

 

 

 

 

 

 

 

July 1, 2017 to June 30, 2018

 

$

715

 

$

(7,158)