The Company accounted for this transaction as an acquisition of a business. The fair value of the consideration given to Mawson and the other sellers in connection with the transaction and the allocation of the purchase price in accordance with ASC 820 were as follows:


($ in thousands)	Fair Value
Cash	$	22,518
Financing provided by seller		6,500
1,590,175 shares of CLSK common stock		4,803
Total purchase price	$	33,821

Contingent Consideration
Earn-out Shares of CLSK common stock		3,325
Megawatt earnout (up to $2,000 max)		2,000
Total contingent consideration	$	5,325

Total purchase sale agreement consideration-Combined	$	39,146

The Company determined the fair value of the consideration given to WAHA & SPRE in connection with the transaction and the allocation of the purchase price in accordance with ASC 820 were as follows:


Consideration: ($ in thousands)	Fair Value
Cash	$	19,772
Financing provided by SPRE		1,962
Mortgage assumed		2,158
Total Consideration	$	23,892

Schedule of Unaudited Pro Forma Information Assuming Acquisitions

The following is the unaudited pro forma information assuming the consummation of each of the Mawson Transaction and WAHA Transaction occurred on October 1, 2021:


	For the Six Months Ended
($ in thousands, except share and per share)		March 31, 2022
Net sales from continuing operations		$	101,831
Income from continuing operations		$	19,397
Income from continuing operations per common share - basic		$	0.47
Weighted average common shares outstanding – basic			40,802,319
Income from continuing operations per common share - diluted		$	0.47
Weighted average common shares outstanding – diluted			40,861,052