Quarterly report pursuant to Section 13 or 15(d)

Significant Transactions (Tables)

v3.22.2.2
Significant Transactions (Tables)
 9 Months Ended
Sep. 30, 2022
Business Acquisition [Line Items]  
Schedule of financial information combined results of operations


Nine Months Ended


September 30,


2021
Revenue $ 22,218,616
Net loss $ (15,472,157 )



Three Months Ended

September 30,


2021
Revenue $ 7,520,320
Net loss $ (1,982,553 )
365 Cannabis [Member]  
Business Acquisition [Line Items]  
Schedule of estimated acquisition date fair value of consideration

Shares issued

 

$

           11,060

 

Cash

4,982
Contingent consideration (1)

6,300
Total fair value of consideration transferred
$ 22,342
 (1) The fair value of the acquisition date contingent consideration was reduced to $6.3 million during the three months ended September 30, 2022.
Schedule of preliminary estimated fair values of assets acquired and liabilities
Cash
$ 527
Accounts receivable

 

 

486

 

Prepaid expenses and other current asset

261
Fixed assets

93
Non-compete agreement

80

Acquired technology

 

 

1,040

 

Customer relationships

13,810
Acquired trade name

270
Goodwill

12,489

Accounts payable and accrued expenses

 

 

(2,588

 )
Deferred tax liabilities

(826 )

Deferred revenue

 

 

(3,300

 )

Net assets acquired

 

$

22,342