Registration of securities issued in business combination transactions

BUSINESS COMBINATIONS (Details)

v3.23.3
BUSINESS COMBINATIONS (Details) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Consideration     $ 25,500,000
Note Payable     38,249,000
Liability for Holdback Shares     6,465,000
Less: Cash Transferred   $ 0 (2,309,000)
Total Consideration     159,762,000
Accounts Receivable     3,772,000
Inventory     7,408,000
Prepaid Expenses & Other Assets     1,623,000
Notes Receivable     750,000
Property, Equipment and Leasehold Improvements     2,261,000
Right-of-Use Asset     2,565,000
Intangible Assets     126,061,000
Other Long-Term Assets     3,000
Total Assets Acquired     144,443,000
Accounts Payable & Accrued Liabilities     19,952,000
Lease Liabilities     2,565,000
Notes Payable     5,470,000
Deferred Tax Liabilities     1,467,000
Uncertain Tax Position / Taxes Payable     3,359,000
Total Liabilities Assumed     32,813,000
Estimated Fair Value of Net Assets Acquired     111,630,000
Acquisitions $ 0 $ 0 48,132,000
Pro Forma Net Income (Loss)     (36,454,000)
Pro Forma Revenues     95,867,000
Common Stock      
Equity Consideration     71,429,000
Options & Warrants      
Equity Consideration     20,428,000
Umbrla, Inc.      
Cash Consideration     0
Note Payable     0
Liability for Holdback Shares     6,465,000
Less: Cash Transferred     (1,290,000)
Total Consideration     78,532,000
Accounts Receivable     3,772,000
Inventory     6,532,000
Prepaid Expenses & Other Assets     1,543,000
Notes Receivable     750,000
Property, Equipment and Leasehold Improvements     1,450,000
Right-of-Use Asset     460,000
Intangible Assets     71,890,000
Other Long-Term Assets     3,000
Total Assets Acquired     86,400,000
Accounts Payable & Accrued Liabilities     15,849,000
Lease Liabilities     460,000
Notes Payable     5,470,000
Deferred Tax Liabilities     499,000
Uncertain Tax Position / Taxes Payable     1,806,000
Total Liabilities Assumed     24,084,000
Estimated Fair Value of Net Assets Acquired     62,316,000
Acquisitions     16,216,000
Umbrla, Inc. | Common Stock      
Equity Consideration     52,929,000
Umbrla, Inc. | Options & Warrants      
Equity Consideration     20,428,000
Silverstreak      
Cash Consideration     1,500,000
Note Payable     4,500,000
Liability for Holdback Shares     0
Less: Cash Transferred     (25,000)
Total Consideration     8,475,000
Accounts Receivable     0
Inventory     214,000
Prepaid Expenses & Other Assets     6,000
Notes Receivable     0
Property, Equipment and Leasehold Improvements     257,000
Right-of-Use Asset     0
Intangible Assets     161,000
Other Long-Term Assets     0
Total Assets Acquired     638,000
Accounts Payable & Accrued Liabilities     1,517,000
Lease Liabilities     0
Notes Payable     0
Deferred Tax Liabilities     14,000
Uncertain Tax Position / Taxes Payable     1,553,000
Total Liabilities Assumed     3,084,000
Estimated Fair Value of Net Assets Acquired     (2,446,000)
Acquisitions     10,921,000
Silverstreak | Common Stock      
Equity Consideration     2,500,000
Silverstreak | Options & Warrants      
Equity Consideration     0
People's California      
Cash Consideration     24,000,000
Note Payable     33,749,000
Liability for Holdback Shares     0
Less: Cash Transferred     (994,000)
Total Consideration     72,755,000
Accounts Receivable     0
Inventory     662,000
Prepaid Expenses & Other Assets     74,000
Notes Receivable     0
Property, Equipment and Leasehold Improvements     554,000
Right-of-Use Asset     2,105,000
Intangible Assets     54,010,000
Other Long-Term Assets     0
Total Assets Acquired     57,405,000
Accounts Payable & Accrued Liabilities     2,586,000
Lease Liabilities     2,105,000
Notes Payable     0
Deferred Tax Liabilities     954,000
Uncertain Tax Position / Taxes Payable     0
Total Liabilities Assumed     5,645,000
Estimated Fair Value of Net Assets Acquired     51,760,000
Acquisitions     20,995,000
People's California | Common Stock      
Equity Consideration     16,000,000
People's California | Options & Warrants      
Equity Consideration     $ 0