Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.23.1
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
Acquisitions  
Schedule of supplemental pro forma financial Information

    

Year ended December 31, 

2021

Revenue

$

335,743

Net loss

$

(13,697)

Net loss per share (basic)

$

(0.92)

E4:9  
Acquisitions  
Schedule of purchase consideration and the fair values of the assets and liabilities

The total purchase consideration and the fair values of the assets and liabilities at the acquisition date were as follows (amount in thousands):

Recognized amounts of identifiable assets acquired and liabilities assumed

 

Cash

$

2,843

Accounts receivable

 

516

Mortgage loans held for sale

 

8,147

Derivative assets

 

90

Prepaid and other current assets

 

122

Property & equipment

 

356

Intangible assets

 

11,780

Lease right of use assets

 

1,498

Other long-term assets

 

7

Total identifiable assets acquired

 

25,359

Accounts payable and accrued liabilities

 

938

Escrow liabilities

 

75

Derivative liabilities

 

120

Warehouse lines of credit

7,958

Notes payable

 

486

Lease liability, current portion

337

Lease liability, net of current portion

 

1,160

Deferred tax liabilities

 

2,687

Total liabilities assumed

 

13,761

Total identifiable net assets

 

11,598

Goodwill

 

14,882

Net assets acquired

$

26,480

LiveBy  
Acquisitions  
Schedule of purchase consideration and the fair values of the assets and liabilities

The total purchase consideration and the fair values of the assets and liabilities at the acquisition date were as follows (amount in thousands):

Recognized amounts of identifiable assets acquired and liabilities assumed

    

  

Cash

$

516

Accounts receivable

 

138

Intangible assets

 

4,920

Prepaid and other current assets

 

2

Total identifiable assets acquired

 

5,576

Deferred tax liabilities

 

621

Accounts payable and accrued liabilities

 

167

Total liabilities assumed

 

788

Total identifiable net assets

 

4,788

Goodwill

 

4,193

Net assets acquired

$

8,981