Annual report pursuant to Section 13 and 15(d)

BUSINESS COMBINATIONS - Schedule of Allocation of Plan Assets (Details)

v3.22.1
BUSINESS COMBINATIONS - Schedule of Allocation of Plan Assets (Details) - USD ($)
Dec. 31, 2021
Oct. 01, 2021
Sep. 01, 2021
Jul. 01, 2021
Dec. 31, 2020
Dec. 31, 2019
Assets acquired            
Goodwill $ 48,132,000       $ 6,171,000 $ 21,471,000
Liabilities assumed            
Short-term lease liability 3,120,000       694,000  
Long-term lease liabilities 21,316,000       $ 7,775,000  
Total Debt 57,726,000          
Umbrla, Inc.            
Assets acquired            
Accounts receivable       $ 3,772,000    
Inventory       6,532,000    
Prepaid expenses       1,543,000    
Property, plant and equipment       1,450,000    
Notes receivable       750,000    
Other long-term assets       3,000    
Right-of-use asset       460,000    
Trade name       31,130,000    
Licenses       40,760,000    
Goodwill       16,216,000    
Total Assets acquired       102,617,000    
Liabilities assumed            
Accounts payable/accrued expenses       15,849,000    
Short-term lease liability       118,000    
Long-term lease liabilities       342,000    
Short-term debt       4,796,000    
Total Debt       674,000    
Deferred income       499,000    
Uncertain Tax Position       1,806,000    
Total liabilities assumed       $ 24,084,000    
People’s California            
Assets acquired            
Inventory     $ 662,000      
Prepaid expenses     74,000      
Property, plant and equipment     554,000      
Right-of-use asset     2,105,000      
Trade name     4,500,000      
Licenses     49,510,000      
Goodwill     20,995,000      
Total Assets acquired     78,400,000      
Liabilities assumed            
Accounts payable/accrued expenses     2,586,000      
Deferred taxes     4,775,000      
Short-term lease liability     540,000      
Long-term lease liabilities     1,565,000      
Total liabilities assumed     $ 9,466,000      
OneQor Technologies, Inc            
Assets acquired            
Accounts receivable 51,000          
Inventory 81,000          
Prepaid expenses 241,000          
Property, plant and equipment 80,000          
Customer relationships 3,070,000          
Other long-term assets 260,000          
Trade name 690,000          
Goodwill 6,763,000          
Total Assets acquired 11,237,000          
Liabilities assumed            
Accounts payable/accrued expenses 1,481,000          
Short-term debt 100,000          
Deferred income 300,000          
Stock options assumed 108,000          
Total liabilities assumed $ 1,990,000          
Silverstreak            
Assets acquired            
Inventory   $ 215,000        
Prepaid expenses   6,000        
Property, plant and equipment   257,000        
Licenses   161,000        
Goodwill   10,921,000        
Total Assets acquired   11,561,000        
Liabilities assumed            
Accounts payable/accrued expenses   1,517,000        
Deferred taxes   14,000        
Taxes payable   1,553,000        
Total liabilities assumed   $ 3,084,000