Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

v3.21.2
Acquisition (Tables)
6 Months Ended
Jun. 30, 2021
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

Product/Technology related intangibles

31

Marketing related intangibles

8

Customer related intangibles

17

Accounts payable and accrued expenses

 

(13)

Other liabilities

 

Net tangible assets acquired

$

64

Total net assets acquired

$

64

Consideration paid

 

375

Preliminary goodwill

$

311

Schedule of unaudited pro-forma results of operations

    

For the Six Months Ended

June 30,

    

2021

    

2020

Revenues, net

$

683

$

348

Net loss allocable to common shareholders

$

(1,529)

$

(1,029)

Net loss per share

$

(0.01)

$

(0.01)

Weighted average number of shares outstanding

 

102,156,565

 

78,258,316