Annual report pursuant to Section 13 and 15(d)

BUSINESS COMBINATION (Tables)

v3.21.1
BUSINESS COMBINATION (Tables)
 12 Months Ended
Dec. 31, 2020
BUSINESS COMBINATIONS  
Schedule of Preliminary allocation

 

 

(in thousands)

 

Assets acquired

 

 

 

Accounts receivable

 

$

51

 

Inventory

 

 

81

 

Prepaid expenses

 

 

241

 

Property, plant and equipment

 

 

80

 

Customer relationships

 

 

3,070

 

Trade name

 

 

690

 

Goodwill

 

 

6,763

 

Other long-term assets

 

 

260

 

Total Assets acquired

 

$

11,237

 

 

 

 

 

 

Liabilities assumed

 

 

 

 

Accounts payable and accrued expenses

 

$

1,481

 

Deferred income

 

 

300

 

Short-term debt

 

 

100

 

Long-term lease liabilities

 

 

108

 

Total liabilities assumed

 

$

1,990

 
Schedule of supplement pro forma information

 

 

For the Year  Ended

 

 

 

12/31/2020

 

 

12/31/2019

 

 

 

 

 

 

 

 

Pro-forma revenues

 

$

15,492

 

 

$

17,984

 

Pro-forma net loss from continuing operations

 

 

(26,088

)

 

 

(50,382

)