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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2021
Business Combinations [Abstract]  
Summary of Consideration Paid for Acquisitions

The following table summarizes the consideration paid for the acquisition of the Family Safety Mobile Business (unaudited, in thousands):

 

Summary of Preliminary Allocation of Purchase Price

The Company’s preliminary allocation of the purchase price is summarized as follows (unaudited, in thousands):

 

Summary of Unaudited Proforma Results of Operation

Unaudited pro forma results of operations for the three and six months ended June 30, 2021 and 2020 are included below as if the acquisition of the Family Safety Mobile business occurred on January 1, 2020. This summary of the unaudited pro forma results of operations is not necessarily indicative of what the Company’s results of operations would have been had the Family Safety Mobile Business been acquired at the beginning of 2020, nor does it purport to represent results of operations for any future periods.

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(unaudited, in thousands, except per share amounts)

 

 

(unaudited, in thousands, except per share amounts)

 

Revenues

 

$

17,146

 

 

$

22,085

 

 

$

36,532

 

 

$

44,559

 

Net income (loss)

 

 

(5,396

)

 

 

409

 

 

 

(10,092

)

 

 

1,485

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.10

)

 

$

0.01

 

 

$

(0.21

)

 

$

0.04

 

Diluted

 

$

(0.10

)

 

$

0.01

 

 

$

(0.21

)

 

$

0.04