BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 31, 2023

BUSINESS COMBINATIONS

Schedule of allocation of the consideration for net assets acquired

(in thousands)
Sources of financing
Cash	$	17,376
Fair value of consideration transferred		17,376
Fair value of assets and liabilities
Accounts receivable		2,245
Fixed assets		3,735
Inventory		3,467
Prepaid insurance		71
Intangibles		193
Total identifiable assets acquired		9,711
Assumed liabilities		738
Goodwill	$	8,403

Schedule of pro forma summary of the Company

	Pro forma for Years Ended December 31,
(in thousands)		2023		2022		2021
Revenue	$	1,157	$	861	$	728
Earnings	$	60	$	22	$	17