Annual report pursuant to Section 13 and 15(d)

Acquisition (Tables)

v3.22.1
Acquisition (Tables)
12 Months Ended
Dec. 31, 2021
Acquisition  
Schedule of preliminary analysis for the Sport 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 Year Ended

December 31, 

    

2021

    

2020

Revenues, net

$

1,551

$

691

Net loss allocable to common shareholders

$

(4,310)

$

(2,254)

Net loss per share

$

(1.46)

$

(0.03)

Weighted average number of shares outstanding

 

2,942,057

 

2,477,359