Quarterly report [Sections 13 or 15(d)]

Business Combination and Asset Purchase (Tables)

v3.25.3
Business Combination and Asset Purchase (Tables)
9 Months Ended
Sep. 30, 2025
Business Combination and Asset Purchase  
Schedule of purchase consideration

A summary of the purchase consideration follows:

Cash

    

$

7,500

Closing Stock Consideration

 

10,283

Convertible Notes

 

9,717

Total purchase price consideration

$

27,500

Schedule of purchase price allocation

The preliminary purchase price and purchase price allocation pending a final valuation of assets acquired and liabilities assumed follows:

Unbilled receivable

    

$

300

Inventory

 

163

Other assets

 

202

Equipment

 

275

Intangible assets

 

8,870

Goodwill

 

19,135

Accrued expenses

 

(104)

Loan for purchase of equipment

 

(141)

Deferred revenue

(1,200)

Total purchase consideration

$

27,500

Schedule of acquired finite intangible assets

The acquired intangible assets, useful lives and a preliminary estimate of fair value at the acquisition date follows:

    

Useful Life (years)

    

Fair Value

Tradename

 

10

$

900

Customer relationships

 

10

 

5,160

Internal use technology

 

4

 

2,810

Total

$

8,870