Quarterly report pursuant to Section 13 or 15(d)

Acquisition of Ameba (Tables)

v3.22.1
Acquisition of Ameba (Tables)
 3 Months Ended
Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Total purchase price consideration paid
       
    Amount  
SPA cash consideration at closing   $ 3,500  
APA cash consideration at closing     300  
Net working capital adjustment     269  
Total   $ 4,069  
Assets acquired and liabilities assumed
       
Cash   $ 176  
Accounts Receivable     238  
Prepaids Expenses     25  
Trade Name     23  
Digital Network     2,804  
Technology     300  
Goodwill     673  
Accounts Payable and Accrued Expenses     (140 )
Tax Liability     (30 )
Total Consideration   $ 4,069  
Supplemental pro forma information
               
    Three Months Ended  
    March 31, 2022     March 31, 2021  
Total Revenues   $ 1,468     $ 1,225  
                 
Net Loss Applicable to Common Stockholders   $ (4,593 )   $ (76,181 )
                 
Net Loss per Common Stock (Basic and Diluted)   $ (0.02 )   $ (0.27 )
                 
Weighted Average Shares Outstanding (Basic and Diluted)     303,779,247       287,217,911