Annual report pursuant to Section 13 and 15(d)

NetSeer Acquisition (Tables)

v3.19.1
NetSeer Acquisition (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Schedule of business acquisitions
 
 
Total consideration paid in common stock (with marketability discount applied)
$
4,459,244

Fair value of assets acquired:
 
Accounts receivable, net
(2,292,485
)
Prepaid expenses and other current assets
(236,163
)
Property and equipment, net
(119,101
)
Goodwill
(4,013,034
)
Intangible assets
(4,360,000
)
Fair value of liabilities assumed:
 
Accounts payable
$
3,579,787

Accrued expenses and other current liabilities
1,152,789

Other long-term liabilities
49,149

Debt
2,015,577

Cash received in acquisition
$
235,763