Annual report pursuant to Section 13 and 15(d)

Locality Acquisition - Schedule of Business Acquisitions (Details)

v3.21.1
Locality Acquisition - Schedule of Business Acquisitions (Details) - Locality - USD ($)
Dec. 31, 2019
May 21, 2019
Assets Acquired:    
Goodwill $ 80,000,000  
Preliminary Allocation    
Assets Acquired:    
Cash   $ 70,000
Accounts receivable   7,000
Other current assets   4,000
Inventory   2,000
Fixed assets   1,000
Developed technology   1,523,000
Customer relationships   216,000
Non-compete agreements   49,000
Goodwill   619,000
Assets acquired, total   2,491,000
Liabilities Assumed:    
Accounts payable   13,000
Accrued liabilities   48,000
Deferred revenue   28,000
Deferred tax liability   474,000
Total liabilities assumed   563,000
Total Purchase Price   1,928,000
Valuation Measurement Period Adjustments    
Assets Acquired:    
Cash   0
Accounts receivable   0
Other current assets   0
Inventory   0
Fixed assets   0
Developed technology   (78,000)
Customer relationships   (31,000)
Non-compete agreements   0
Goodwill   80,000
Assets acquired, total   (29,000)
Liabilities Assumed:    
Accounts payable   0
Accrued liabilities   0
Deferred revenue   0
Deferred tax liability   (29,000)
Total liabilities assumed   (29,000)
Total Purchase Price   0
Tax Provision Measurement Period Adjustments    
Assets Acquired:    
Cash   0
Accounts receivable   0
Other current assets   0
Inventory   0
Fixed assets   0
Developed technology   0
Customer relationships   0
Non-compete agreements   0
Goodwill   (46,000)
Assets acquired, total   (46,000)
Liabilities Assumed:    
Accounts payable   0
Accrued liabilities   0
Deferred revenue   0
Deferred tax liability   (46,000)
Total liabilities assumed   (46,000)
Total Purchase Price   0
Adjusted Allocation    
Assets Acquired:    
Cash   70,000
Accounts receivable   7,000
Other current assets   4,000
Inventory   2,000
Fixed assets   1,000
Developed technology   1,445,000
Customer relationships   185,000
Non-compete agreements   49,000
Goodwill   653,000
Assets acquired, total   2,416,000
Liabilities Assumed:    
Accounts payable   13,000
Accrued liabilities   48,000
Deferred revenue   28,000
Deferred tax liability   399,000
Total liabilities assumed   488,000
Total Purchase Price   $ 1,928,000