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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Schedule of Major Classes of Assets and Liabilities Preliminarily Allocated to Purchase Price

The major classes of assets and liabilities to which the Company has allocated the purchase price were as follows (in thousands):

 

Accounts receivable

 

$

410

 

Inventory - equipment

 

 

498

 

Property, plant and equipment

 

 

1,315

 

Intangible assets

 

 

1,800

 

Goodwill

 

 

1,861

 

Other assets

 

 

8

 

Accounts payable and accrued liabilities

 

 

(274

)

Purchase price

 

$

5,618

 

Unaudited Pro Forma Information

 

 

 

For the Year Ended December 31,

 

 

 

2021

 

 

2020

 

Pro forma revenues

 

$

29,788

 

 

$

32,082

 

Pro forma net income

 

$

3,285

 

 

$

10,296

 

 

 

 

 

 

 

 

Pro forma net income per share - basic

 

$

0.09

 

 

$

0.34

 

Pro forma net income per share - diluted

 

$

0.09

 

 

$

0.31