| Schedule of purchase price allocation |
| | | | Aggregate consideration: | | | | Cash consideration | | $ | 3,000,000 | Deferred cash consideration | | | 2,000,000 | Earn out | | | 5,900,000 | Additional earn out | | | 4,735,000 | Receivable consideration | | | 22,318,685 | Contract deferred consideration | | | 4,900,000 | Total purchase consideration | | $ | 42,853,685 |
| | | | Purchase price allocation: | | | | Cash and cash equivalents | | $ | 5,719,899 | Contract receivables | | | 24,526,232 | Prepaid expenses and other current assets | | | 1,818,278 | Inventory | | | 5,844,000 | Intangible asset – definite-lived (Note 7) | | | 9,700,000 | Property and equipment | | | 50,224 | Operating lease right of use assets | | | 352,906 | Other assets | | | 326,249 | Total assets acquired | | | 48,337,788 | Accounts payable | | | (204,794) | Accrued expenses and other current liabilities | | | (5,155,363) | Operating lease obligations | | | (352,906) | Deferred income tax liability | | | (3,073,000) | Total liabilities assumed | | | (8,786,063) | Net assets acquired and liabilities assumed | | | 39,551,725 | Goodwill | | | 3,301,960 | Total purchase consideration | | $ | 42,853,685 |
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