Blüm Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)

6 Months Ended

Jun. 30, 2020

BUSINESS COMBINATIONS (Tables)

Schedule of purchase price of assets and liabilities acquired

		(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 unaudited proforma financial information

						(in thousands)
						For the Six Months Ended
						June 30, 2020

Pro-forma revenues						$	8,056
Pro-forma net loss from continuing operations						$	(30,129	)

		(in thousands)
		For the Three Months Ended				For the Six Months Ended
		June 30, 2019				June 30, 2019

Pro-forma revenues		$	4,851			$	7,270
Pro-forma net loss from continuing operations		$	(13,149	)		$	(23,548	)