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

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Provisional Purchase Consideration at preliminary fair value:

    

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Purchase price

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$

375

Amount of consideration

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$

375

Assets acquired and liabilities assumed at preliminary fair value

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Inventories

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21

Product/Technology related intangibles

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31

Marketing related intangibles

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8

Customer related intangibles

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17

Accounts payable and accrued expenses

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(13)

Other liabilities

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—

Net tangible assets acquired

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$

64

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Total net assets acquired

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$

64

Consideration paid

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375

Preliminary goodwill

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$

311

Schedule of unaudited pro-forma results of operations

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For the Year Ended

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December 31, 

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2021

    

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2020

Revenues, net

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$

1,551

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$

691

Net loss allocable to common shareholders

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$

(4,310)

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$

(2,254)

Net loss per share

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$

(1.46)

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$

(0.03)

Weighted average number of shares outstanding

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2,942,057

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2,477,359