Acquisitions (Tables)

3 Months Ended

Mar. 31, 2020

Business Acquisition [Abstract]

Business Acquisition, Pro Forma Information

Unaudited Pro Forma Financial Information

The unaudited pro forma financial information for the quarter ended March 31, 2019 in the table below summarizes the combined results of operations for GSE and DP Engineering as if the business combinations had occurred on January 1, 2019 (in thousands).

Revenue	$	25,178
Net loss		(3,451	)

DP Engineering Ltd, CO. [Member]

Business Acquisition [Abstract]

Adjusted Purchase Price Consideration and Fair Value Adjustments

The following table summarizes the calculation of adjusted purchase price as of the acquisition date:

(in thousands)
Base purchase price per agreement	$	13,500
Pre closing working capital adjustment		155
Fair value of contingent consideration		1,200
Total purchase price	$	14,855

Consideration Paid For Assets Acquired and Liabilities Assumed

The following table summarizes the consideration we paid to acquire DP Engineering, and the fair value of the assets acquired and liabilities assumed on February 15, 2019.

(in thousands)

Total purchase price	$	14,855
Purchase price allocation:
Cash		134
Contract receivables		2,934
Prepaid expenses and other current assets		209
Property and equipment, net		98
Intangible assets		6,798
Other assets		1,806
Accounts payable and accrued expenses		(1,396	)
Other liabilities		(1,494	)
Total identifiable net assets		9,089
Goodwill		5,766
Net assets acquired	$	14,855