Ten Degrees Acquisition (Details Textual) - Ten Degrees Acquisition [Member] $ in Thousands |
1 Months Ended |
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Aug. 19, 2020
USD ($)
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| 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% |
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- Definition Consideration paid for assets as part of acquisition. No definition available.
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- References No definition available.
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- Definition Cash paid for transaction. No definition available.
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- Definition Value of stock issued as part of acquisition. No definition available.
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- Definition Amount of direct costs of the business combination including legal, accounting, and other costs incurred to consummate the business acquisition. No definition available.
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- Definition Maximum number of shares that may be issued in accordance with the plan as a proportion of outstanding capital stock. No definition available.
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- Details
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