Blüm Holdings Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Note 10 - Business Combinations (Tables)

12 Months Ended

Dec. 31, 2024

	(in thousands)
Equity Consideration - Common Stock	$	1,264
Put Option		3,480
Note Payable		1,874
Total Consideration	$	6,618

Assets Acquired:
Cash	$	959
Accounts Receivable		85
Inventory		524
Prepaid Expenses & Other Assets		112
Property, Equipment and Leasehold Improvements		470
Right-of-Use Asset - Operating Leases		1,694
Intangible Assets		3,100
Total Assets Acquired		6,944

Liabilities Assumed:
Accounts Payable & Accrued Liabilities		3,877
Operating Lease Liabilities		2,077
Notes Payable		307
Income Taxes Payable		9,632
Deferred Tax Liabilities		1,549
Total Liabilities Assumed		17,442

Fair Value of Net Assets Acquired		(10,498	)

Goodwill	$	17,116

	(in thousands)
	*Year Ended December 31,*
	*2024*		*2023*
Unaudited Pro Forma Revenue	$	17,192	$	21,367
Unaudited Pro Forma Net Income (Loss)	$	32,465	$	(15,451	)