Quarterly report pursuant to Section 13 or 15(d)

Ten Degrees Acquisition (Details Textual)

Ten Degrees Acquisition (Details Textual) - Ten Degrees Acquisition [Member]
$ in Thousands
1 Months Ended
Aug. 19, 2020
USD ($)
Ten Degrees Acquisition (Textual)  
Acquisition consideration, description (i) $1,500,000 in cash and (ii) 480,000 shares of our common stock. In accordance with the terms of the APA, commencing as of the date of the APA, the Transferors, and their affiliates, have agreed to not compete with our business associated with the Assets for a period of five years from the closing date. In addition, each party agreed to not solicit any employees from the other party for a period of one year from the closing date, subject to certain exceptions.
Purchase price for transaction $ 2,100
Cash paid for transaction 1,500
Value of stock issued $ 600
Outstanding capital stock percentage 100.00%