Subsequent Events |
12 Months Ended |
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Dec. 31, 2018 | |
Subsequent Events [Abstract] | |
Subsequent Events |
NOTE 15. SUBSEQUENT EVENTS.
As discussed above in Note 3, the Company has finalized the calculation of the contingent earnout payment and expects to pay an additional $4,414 to the former stockholder of Performance Bridge based on Performance Bridge’s achievement of certain revenue milestones in its 2018 fiscal year. The additional earnout payment will be comprised of 20% cash ($883) and 80% shares of the Company’s common stock (approximately 600,000 shares). The Company expects to make these earnout payments by the end of the first quarter of 2019.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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