Note 4. Recent Acquisitions (Tables)

12 Months Ended

Dec. 31, 2018

Filing Services Canada Inc.

Acquistion consideration

Initial cash payment	$	1,140
Fair value of restricted common stock issued		62
Total Consideration		1,202
Plus: excess of liabilities assumed over assets acquired		224
Total fair value of FSCwire intangible assets and goodwill	$	1,426

Tangible assets and liabilities acquired

Cash	$	17
Accounts receivable, net		42
Total assets		59
Accounts payable and accrued expenses		35
Deferred revenue		78
Deferred tax liability		170
Total liabilities		283
Excess of liabilities assumed over assets acquired	$	(224	)

Intangible assets acquired

Customer relationships	$	311
Distribution partner relationships		153
Goodwill		962
	$	1,426

Interwest Transfer Company, Inc.

Acquistion consideration

Initial cash payment	$	1,935
Fair value of restricted common stock issued		318
Fair value of anniversary payments		851
Total Consideration		3,104
Plus: excess of liabilities assumed over assets acquired		576
Total fair value of Interwest intangible assets and goodwill	$	3,680

Tangible assets and liabilities acquired

Cash	$	63
Accounts receivable, net		84
Prepaid expenses		17
Total assets		164
Accounts payable and accrued expenses		12
Deferred revenue		21
Deferred tax liability		707
Total liabilities		740
Excess of liabilities assumed over assets acquired	$	(576	)

Intangible assets acquired

Customer relationships	$	1,677
Tradename		176
Goodwill		1,827
	$	3,680

Select pro-forma information

$ in 000’s	Year Ended December 31, 2017
Revenues	$	13,851
Net Income	$	2,336
Basic earnings per share	$	0.79
Diluted earnings per share	$	0.77