Business Combinations (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Business Acquisitions by Acquisition, Contingent Consideration

The transaction has been accounted for as a business combination. Assets acquired and liabilities assumed were recorded at their fair values as of the acquisition date. The purchase price consideration was as follows:

	Fair
	Value
October 15, 2015 Acquisition:
Series B Preferred Stock	$	5,378
Debt assumed, settled in shares		193
Total fair value of shares issued	$	5,571

Components of Recognized Identified Assets Acquired and Liabilities Assumed

The purchase price for the acquisition was allocated to the net tangible and intangible assets based on their fair values as of the acquisition date. The excess of the purchase price over the net tangible assets and intangible assets was recorded as goodwill. The purchase price allocation was as follows:

	Fair Value
Assets:
Cash and cash equivalents	$	144
Accounts receivable		245
Inventory		234
Prepaid expenses`		18
Intangible assets		2,146
Goodwill		4,863
Total assets		7,650
Liabilities:
Accounts payable		464
Credit line		270
Accrued expenses		44
Other current liabilities		173
Deferred tax liabilities		866
Total liabilities		1,817
Net assets		5,833
Noncontrolling interest in FLI Charge		(262)
Total fair value	$	5,571

XpresSpa Holdings LLC [Member]

Schedule of Business Acquisitions by Acquisition, Contingent Consideration

Assets acquired and liabilities assumed were recorded at their fair values as of the acquisition date. The fair value of the purchase price consideration was allocated as follows:

	Fair
Acquisition of XpresSpa on December 23, 2016:	Value
Cash	$	1,734
FORM Common Stock		5,225
December 2016 Warrants		2,689
FORM Preferred Stock		27,752
Total fair value of the purchase consideration	$	37,400

Components of Recognized Identified Assets Acquired and Liabilities Assumed

The purchase price for the acquisition was allocated to the net tangible and intangible assets based on their fair values as of the acquisition date. The excess of the purchase price over the net tangible assets and intangible assets was recorded as goodwill. The fair value of the purchase price was allocated as follows

	Fair Value
Assets:
Cash and cash equivalents	$	2,114
Accounts receivable		71
Inventory		2,580
Prepaid expenses		1,216
Restricted cash		638
Property and equipment		16,308
Intangible assets		13,620
Goodwill		20,303
Security deposits for leases		392
Total assets		57,242
Liabilities:
Accounts payable		4,118
Accrued expenses		4,586
Debt		6,500
Total liabilities		15,204
Net assets		42,038
Noncontrolling interests		(4,638)
Total fair value	$	37,400