Registration of securities issued in business combination transactions

BUSINESS COMBINATIONS (Tables)

v3.21.2
BUSINESS COMBINATIONS (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Business Combination and Asset Acquisition [Abstract]    
The purchase price allocation is based on the estimated fair value of assets acquired and liabilities assumed and has been allocated as follows:

The assets and liabilities of Ecessa were recorded in the consolidated balance sheet within the Services & Support segment as of the acquisition date, at their respective fair values. The purchase price allocation is based on the estimated fair value of assets acquired and liabilities assumed and has been allocated as follows:

       
    May 14, 2020
Current assets   $ 1,101,000
Property, plant, and equipment     127,000
Other long-term assets     421,000
Intangible assets     2,260,000
Goodwill     1,341,000
Total assets     5,250,000
       
Total liabilities     608,000
       
Net assets acquired   $ 4,642,000

The assets and liabilities of Ecessa were recorded in the consolidated balance sheet within the Services & Support segment as of the acquisition date, at their respective fair values. The purchase price allocation is based on the estimated fair value of assets acquired and liabilities assumed and has been allocated as follows:

 

      May 14, 2020  
       
Current assets   $ 1,101,000  
Property, plant, and equipment     127,000  
Other long-term assets     421,000  
Intangible assets     2,260,000  
Goodwill     1,341,000  
Total assets     5,250,000  
         
Total liabilities     608,000  
         
Net assets acquired   $ 4,642,000