• Filing Date: 2020-11-09
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.2
ACQUISITION (Tables)
9 Months Ended
Sep. 30, 2020
Business Combinations [Abstract]  
Purchase price allocation
Accounts receivable, net   $ 381  
Other current assets, net     13  
Property and equipment, net     21  
Contract liabilities     (388 )
Net assets acquired     27  
Less intangible assets     7,436  
Consideration paid     (12,397 )
Net goodwill recorded   $ 4,934  
         
Cash consideration   $ 7,000  
Note payable     5,000  
Common stock consideration     397  
Total acquisition consideration   $ 12,397  
Pro-forma financial information
    Three Months ended September 30,     Nine Months ended September 30,  
    2020     2019     2020     2019  
Total revenue from continuing operations   $ 2,126     $ 1,536     $ 6,399     $ 4,931  
Net loss from continuing operations     (6,667 )     (3,528 )     (10,860 )     (8,228 )
Basic and diluted loss per share from continuing operations   $ (0.26 )   $ (0.19 )   $ (0.52 )   $ (0.46 )
Basic and diluted number of shares     26,907,069       19,878,518       22,781,807       19,761,363