Annual report pursuant to Section 13 and 15(d)

Acquisition (Tables)

v3.21.1
Acquisition (Tables)
 12 Months Ended
Dec. 31, 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

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,

 

    

2020

    

 

2019

Revenues, net

 

$

691

 

$

760

Net loss allocable to common shareholders

 

$

(2,254)

 

$

(1,963)

Net loss per share

 

$

(0.03)

 

$

(0.09)

Weighted average number of shares outstanding

 

 

86,707,552

 

 

22,945,585