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Acquisitions and divestitures (Tables)
6 Months Ended
Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Purchase Consideration

The following preliminary table summarizes the consideration for the acquisition:

 

Purchase consideration  Number of shares   Amount 
Common shares   10,132,884   $12,763,000 
Warrants - Equity   775,415    26,000 
Options - Vested   1,169,619    1,256,000 
RSUs / RSAs - Vested   413,988    542,000 
Total purchase price   12,491,906   $14,587,000 
Schedule of Preliminary Purchase Price Allocation

The preliminary purchase price allocation is as follows:

 

Purchase price allocation  Amount 
Cash  $1,806,747 
Restricted cash   600,065 
Accounts receivable, net   7,933,515 
Prepaid expenses and other current assets   1,158,554 
Property and equipment   773,893 
Goodwill   7,147,428 
Intangible assets   12,000,000 
Total assets acquired   31,420,202 
      
Accounts payable   8,067,850 
Accrued liabilities   6,844,817 
Deferred revenue   1,920,535 
Total liabilities assumed   16,833,202 
Net assets acquired  $14,587,000