Note 4 - Acquisitions (Tables)
|
6 Months Ended |
Jun. 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
|
|
|
1,556,663 |
|
|
|
|
|
|
Super League closing stock price per share on the Melon Closing Date
|
|
$ |
0.4640 |
|
|
|
|
|
|
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
|
|
Six Months Ended
|
|
| |
June 30,
|
|
June 30,
|
|
| |
2023
|
|
2022
|
|
2023
|
|
2022
|
|
| |
|
|
|
|
|
|
|
|
|
Revenue
|
$
|
5,357,000
|
|
$
|
4,900,000
|
|
$
|
9,089,000
|
|
$
|
9,358,000
|
|
|
Net Loss
|
|
(6,808,000
|
)
|
|
(9,752,000
|
)
|
|
(14,866,000
|
)
|
|
(17,925,000
|
) |
|
| Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block] |
| |
|
Three Months
Ended June 30,
|
|
|
Six Months
Ended June 30,
|
|
| |
|
2023
|
|
|
2022
|
|
|
2023
|
|
|
2022
|
|
|
Beginning balance
|
|
$ |
3,674,000 |
|
|
$ |
- |
|
|
$ |
3,206,000 |
|
|
$ |
- |
|
|
Change in fair value
|
|
|
(13,000 |
)
|
|
|
- |
|
|
|
204,000 |
|
|
|
- |
|
|
Current period accrued contingent consideration
|
|
|
471,000 |
|
|
|
- |
|
|
|
722,000 |
|
|
|
- |
|
|
Contingent consideration payments(2)
|
|
|
(3,423,000 |
)
|
|
|
- |
|
|
|
(3,423,000 |
)
|
|
|
- |
|
|
Accrued contingent consideration
|
|
$ |
709,000 |
(1) |
|
$ |
- |
|
|
$ |
709,000 |
(1) |
|
$ |
- |
|
|