Annual report pursuant to Section 13 and 15(d)

Subsequent Events

v3.19.1
Subsequent Events
12 Months Ended
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.