ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

SCHEDULE OF ACQUIRED ASSETS IDENTIFIABLE INTANGIBLE ASSETS AND CERTAIN ASSUMED LIABILITIES

A summary of the preliminary allocation of Kind Consideration to the acquired assets, identifiable intangible assets and certain assumed liabilities is as follows (in thousands):

Fair value of consideration transferred:
Cash consideration:
Cash paid at closing	$	10,128
Release of escrow		2,444
Severance paid from escrow		556
Less cash acquired		(2,310	)
Net cash consideration		10,818
Note payable		5,634
Write-off accounts receivable		658
Write-off of deferred accounts receivable		842
Total fair value of consideration transferred	$	17,952

Fair value of assets acquired and (liabilities assumed):
Current assets, net of cash acquired	$	5,047
Property and equipment		622
Intangible assets:
Tradename and trademarks		2,041
Licenses and customer base		4,700
Non-compete agreements		42
Goodwill		6,011
Current liabilities		(511	)
Total fair value of assets acquired and (liabilities assumed)	$	17,952