Note 4 - Acquisitions (Tables)
|
9 Months Ended |
Sep. 30, 2023 |
|---|
| Notes Tables |
|
| Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|
Cash consideration at closing
|
|
|
|
|
|
$ |
150,000 |
|
|
Equity consideration at closing – shares of common stock
|
|
|
77,833 |
|
|
|
|
|
|
Super League closing stock price per share on the Melon Closing Date
|
|
$ |
9.28 |
|
|
|
|
|
|
Fair value of equity consideration issued at closing
|
|
$ |
722,000 |
|
|
|
722,000 |
|
|
Fair value of contingent consideration at closing
|
|
|
|
|
|
|
1,350,000 |
|
|
Fair value of total consideration issued at closing
|
|
|
|
|
|
$ |
2,222,000 |
|
|
| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
| |
|
Amount
|
|
|
Assets Acquired and Liabilities Assumed:
|
|
|
|
|
|
Accounts receivable and other assets
|
|
$ |
36,000 |
|
|
Liabilities assumed
|
|
|
(188,000 |
)
|
|
Identifiable intangible assets
|
|
|
510,000 |
|
|
Identifiable net assets acquired
|
|
|
358,000 |
|
|
Goodwill
|
|
|
1,864,000 |
|
|
Total purchase price
|
|
$ |
2,222,000 |
|
|
| Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block] |
| |
|
Estimated
Useful Life (in
years)
|
|
|
Amount
|
|
|
Developed technology
|
|
|
5 |
|
|
$ |
250,000 |
|
|
Developer relationships
|
|
|
2 |
|
|
|
50,000 |
|
|
Customer relationships
|
|
|
6 |
|
|
|
190,000 |
|
|
Trade names / trademarks
|
|
|
0.5 |
|
|
|
20,000 |
|
|
Total intangible assets acquired
|
|
|
|
|
|
$ |
510,000 |
|
|
| Business Acquisition, Pro Forma Information [Table Text Block] |
| |
|
Three Months
Ended September 30,
|
|
|
Nine Months
Ended September 30,
|
|
| |
|
2023
|
|
|
2022
|
|
|
2023
|
|
|
2022
|
|
|
Beginning balance
|
|
$
|
1,432,000 |
|
|
$
|
- |
|
|
$
|
1,350,000 |
|
|
$
|
- |
|
| Change in fair value |
|
|
(750,000 |
) |
|
|
- |
|
|
|
(668,000 |
) |
|
|
- |
|
| Accrued contingent consideration |
|
$ |
682,000 |
|
|
$ |
- |
|
|
$ |
682,000 |
|
|
$ |
- |
|
| |
|
Three Months Ended
|
|
|
Nine Months Ended
|
|
| |
|
September 30,
|
|
|
September 30,
|
|
| |
|
2023
|
|
|
2022
|
|
|
2023
|
|
|
2022
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$
|
7,195,000
|
|
|
$
|
5,234,000
|
|
|
$
|
16,284,000
|
|
|
$
|
14,592,000
|
|
|
Net Loss
|
|
|
(3,011,000
|
)
|
|
|
(53,591,000
|
)
|
|
|
(17,877,000
|
)
|
|
|
(71,516,000
|
)
|
|
| Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block] |
| |
|
Three Months
Ended September 30,
|
|
Nine Months
Ended September 30,
|
|
| |
|
2023
|
|
|
2022
|
|
2023
|
|
|
2022
|
|
|
Beginning balance
|
|
$
|
709,000
|
|
|
$
|
-
|
|
$
|
|
3,206,000
|
|
|
$
|
-
|
|
|
Change in fair value
|
|
|
(63,000
|
)
|
|
|
-
|
|
|
|
141,000
|
|
|
|
-
|
|
|
Current period accrued contingent consideration
|
|
|
351,000
|
|
|
|
-
|
|
|
|
1,073,000
|
|
|
|
-
|
|
|
Contingent consideration payments(2)
|
|
|
-
|
|
|
|
-
|
|
|
|
(3,423,000
|
)
|
|
|
-
|
|
|
Accrued contingent consideration
|
|
$
|
997,000
|
(1)
|
|
$
|
-
|
|
$
|
|
997,000
|
(1)
|
|
$
|
-
|
|
|