Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS - 2020 Preliminary Purchase Price Allocation (Details)

v3.23.1
ACQUISITIONS - 2020 Preliminary Purchase Price Allocation (Details) - USD ($)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Oct. 31, 2021
Jan. 25, 2021
Jul. 31, 2020
Liabilities Assumed:              
Goodwill $ 38,239,000 $ 45,828,000 $ 19,093,000        
Bargain purchase on business combination $ 0 $ 0 10,149,000        
Acquisition Facility | Senior Notes              
Liabilities Assumed:              
Debt instrument interest rate         10.00%    
Debt instrument principal amount         $ 100,000,000    
PAMS | Secured Debt              
Liabilities Assumed:              
Debt instrument interest rate             12.00%
2020 Business Combinations and Asset Acquisitions              
Assets Acquired:              
Cash and cash equivalents     1,102,000        
Accounts receivable, net     407,000        
Inventory     4,543,000        
Property, plant and equipment     2,119,000        
Right-of-use assets - finance lease     15,717,000        
Right-of-use assets - operating lease     1,187,000        
Intangible assets - patent/customer database     425,000        
Deposits     555,000        
Assets Acquired:              
Prepaid expenses and other current assets     313,000        
Intangible assets - license     45,080,000        
Total assets acquired     71,448,000        
Liabilities Assumed:              
Accounts payable and accrued liabilities     1,076,000        
Finance lease obligations     17,708,000        
Operating lease obligations     1,187,000        
Deferred tax liabilities     1,410,000        
Liabilities Assumed:              
Note payable     90,000        
Total liabilities assumed     21,471,000        
Net assets acquired     49,977,000        
Non-controlling interests     (6,221,000)        
Total net assets acquired net of non-controlling interest     43,756,000        
Consideration paid in cash, as adjusted for working capital adjustments     31,367,000 $ 2,320,000      
Capitalized costs     619,000        
Fair value of PADS purchase option     1,992,000        
Consideration paid in 10% senior notes     1,476,000        
Consideration paid in warrants     524,000        
Consideration paid in promissory notes (net of discount)     2,658,000        
Assumption of Beacon Notes and accrued interest     9,555,000        
Net effect of other related transactions     (15,740,000)        
Consideration paid in shares     1,000,000        
Fair value of consideration     33,451,000        
Goodwill     1,375,000        
Bargain purchase on business combination     11,680,000        
Agape              
Assets Acquired:              
Prepaids and other assets     10,000        
Intangible assets - license     7,881,000        
Total assets acquired     7,891,000        
Liabilities Assumed:              
Note payable     90,000        
Total liabilities assumed     90,000        
Net assets acquired     7,801,000        
Non-controlling interests     (1,560,000)        
Total net assets acquired net of non-controlling interest     6,241,000        
Consideration paid in cash, as adjusted for working capital adjustments     3,050,000        
Capitalized costs     191,000        
Consideration paid in 10% senior notes     1,476,000        
Consideration paid in warrants     524,000        
Consideration paid in shares     1,000,000        
Fair value of consideration     $ 6,241,000        
Derivative warrants exercise price (in dollars per share)     $ 1.25     $ 1.30  
Agape | Super Voting Shares              
Liabilities Assumed:              
Derivative warrants exercises (in shares)     633,433     769,231  
Agape | Acquisition Facility | Senior Notes              
Liabilities Assumed:              
Debt instrument interest rate     10.00%        
Debt instrument principal amount     $ 2,000,000        
GSG Santa Barbara              
Assets Acquired:              
Intangible assets - license     5,328,000        
Total assets acquired     5,328,000        
Liabilities Assumed:              
Net assets acquired     5,328,000        
Total net assets acquired net of non-controlling interest     5,328,000        
Consideration paid in cash, as adjusted for working capital adjustments     4,900,000        
Capitalized costs     428,000        
Fair value of consideration     5,328,000        
PAMS              
Assets Acquired:              
Cash and cash equivalents     118,000        
Prepaids and other assets     214,000        
Accounts receivable, net     407,000        
Inventory     4,251,000        
Property, plant and equipment     579,000        
Right-of-use assets - finance lease     15,017,000        
Intangible assets - license     19,189,000        
Intangible assets - patent/customer database     425,000        
Deposits     540,000        
Total assets acquired     40,740,000        
Liabilities Assumed:              
Accounts payable and accrued liabilities     335,000        
Finance lease obligations     17,013,000        
Deferred tax liabilities     1,410,000        
Total liabilities assumed     18,758,000        
Liabilities Assumed:              
Net assets acquired     21,982,000        
Total net assets acquired net of non-controlling interest     21,982,000        
Consideration paid in cash, net of working capital adjustments     15,054,000        
Consideration paid in promissory notes (net of discount)     2,658,000        
Fair value of consideration     17,712,000        
Bargain purchase on business combination     $ 4,270,000        
PAMS | Patents and Customer Relationships | Minimum              
Liabilities Assumed:              
Useful life     3 months        
PAMS | Patents and Customer Relationships | Maximum              
Liabilities Assumed:              
Useful life     5 years        
PADS              
Assets Acquired:              
Cash and cash equivalents     $ 971,000        
Prepaids and other assets     5,000        
Inventory     192,000        
Property, plant and equipment     1,075,000        
Right-of-use assets - finance lease     234,000        
Right-of-use assets - operating lease     310,000        
Intangible assets - license     4,182,000        
Deposits     15,000        
Total assets acquired     6,984,000        
Liabilities Assumed:              
Accounts payable and accrued liabilities     156,000        
Finance lease obligations     230,000        
Operating lease obligations     310,000        
Total liabilities assumed     696,000        
Liabilities Assumed:              
Net assets acquired     6,288,000        
Total net assets acquired net of non-controlling interest     6,288,000        
Consideration paid in cash, net of working capital adjustments     5,671,000        
Fair value of PADS purchase option     1,992,000        
Fair value of consideration     7,663,000        
Goodwill     1,375,000        
BHILH              
Assets Acquired:              
Cash and cash equivalents     13,000        
Prepaids and other assets     84,000        
Inventory     100,000        
Property, plant and equipment     465,000        
Right-of-use assets - finance lease     466,000        
Right-of-use assets - operating lease     877,000        
Intangible assets - license     8,500,000        
Total assets acquired     10,505,000        
Liabilities Assumed:              
Accounts payable and accrued liabilities     585,000        
Finance lease obligations     465,000        
Operating lease obligations     877,000        
Total liabilities assumed     1,927,000        
Liabilities Assumed:              
Net assets acquired     8,578,000        
Non-controlling interests     (4,661,000)        
Total net assets acquired net of non-controlling interest     3,917,000        
Consideration paid in cash, net of working capital adjustments     2,692,000        
Assumption of Beacon Notes and accrued interest     9,555,000        
Net effect of other related transactions     (15,740,000)        
Fair value of consideration     (3,493,000)        
Bargain purchase on business combination     7,410,000        
Disposal group, gain (loss) on disposal     1,531,000        
Write down and impairment     1,681,000        
Other adjustments     $ 150,000