Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.21.2
Acquisitions (Tables)
9 Months Ended
Sep. 30, 2021
Business Acquisition [Line Items]  
Schedule of supplemental pro forma financial Information

    

Nine months ended September 30,

    

2021

    

2020

Revenue

$

240,282

$

136,667

Net loss

$

(15,709)

$

(697)

Net loss per share (basic)

$

(1.07)

$

(0.07)

E4:9  
Business Acquisition [Line Items]  
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

 

958

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

 

25,801

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

 

1,161

Deferred tax liabilities

 

2,686

Total liabilities assumed

 

13,761

Total identifiable net assets

 

12,040

Goodwill

 

14,418

Net assets acquired

$

26,458

LiveBy  
Business Acquisition [Line Items]  
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

543

Accounts payable and accrued liabilities

 

167

Total liabilities assumed

 

710

Total identifiable net assets

 

4,866

Goodwill

 

4,115

Net assets acquired

$

8,981