Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

v3.20.2
Acquisition (Tables)
 9 Months Ended
Sep. 30, 2020
Acquisition  
Schedule of preliminary analysis for the Sports Defense acquisition

 

 

 

 

Provisional Purchase Consideration at preliminary fair value:

    

  

 

Purchase price

 

$

375

Amount of consideration

 

$

375

 

 

 

 

Assets acquired and liabilities assumed at preliminary fair value

 

 

  

Inventories

 

 

21

Technology related intangibles

 

 

294

Marketing related intangibles

 

 

73

Accounts payable and accrued expenses

 

 

(13)

Other liabilities

 

 

 —

Net tangible assets acquired

 

$

375

 

 

 

 

Total net assets acquired

 

$

375

Consideration paid

 

 

375

Preliminary goodwill

 

$

 —

 

Schedule of unaudited pro-forma results of operations

 

 

 

 

 

 

 

 

    

For the Nine Months Ended September 30, 

 

 

2020

 

2019

Revenues, net

 

$

590

 

$

569

Net loss allocable to common shareholders

 

$

(1,535)

 

$

(1,601)

Net loss per share

 

$

(0.02)

 

$

(0.11)

Weighted average number of shares outstanding

 

 

83,799,778

 

 

14,631,711