Blüm Holdings Inc. Quarterly report [Sections 13 or 15(d)]

Note 10 - Business Combinations (Tables)

6 Months Ended

Jun. 30, 2025

	(in thousands)
	*Coastal Pine Group*			*EWCR*
Equity Consideration - Common Stock	$	1,264		$	316
Put Option		3,480			—
Note Payable		1,874			457
Cash Consideration		—			800
Earnout Provision		—			4
Total Consideration	$	6,618		$	1,577

Assets Acquired:
Cash		959			81
Accounts Receivable		85			—
Inventory		524			305
Prepaid Expenses & Other Current Assets		112			11
Property, Equipment and Leasehold Improvements		470			162
Right-of-Use Asset - Operating Leases		1,694			—
Intangible Assets		3,100			3,600
Other Assets		—			86
Total Assets Acquired		6,944			4,245

Liabilities Assumed:
Accounts Payable & Accrued Liabilities		3,877			4,541
Operating Lease Liabilities		2,077			—
Notes Payable		307			500
Income Taxes Payable		9,632			7,527
Accrued Income Taxes		—			2,014
Deferred Tax Liabilities		1,549			319
Total Liabilities Assumed		17,442			14,901

Fair Value of Net Assets Acquired		(10,498	)		(10,656	)

Goodwill	$	17,116		$	12,233

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.