Quarterly report pursuant to Section 13 or 15(d)

Recent Transactions (Tables)

v3.23.2
Recent Transactions (Tables)
 6 Months Ended
Jun. 30, 2023
Disclosure Details Of Purchase Consideration Business Combination
The total purchase price consideration for our business acquisitions and asset purchases during the
six-month
period ending June 30, 2023, is as follows:
 
Description
  
Total Consideration
 
  
(Dollars in thousands)
 
Cash payments made upon closing
    $
5,568
  
Escrow deposits paid in prior years
   
 
750
 
Fair value of contingent
earn-out
consideration
   
 
263
 
    
 
 
  
Total purchase price consideration
    $
6,581
  
    
 
 
  
Fair value of the net assets acquired Differences between the preliminary and final valuation could be substantially different from the initial estimate.
 
    
Net Broadcast
     
Net Digital Media
     
Total
  
    
Assets Acquired
     
Assets Acquired
     
Net Assets
  
Assets
                           
Property and equipment
   
$
2,671
 
   
$
39
 
   
$
2,710
 
Broadcast licenses
   
 
3,542
 
      —       
 
3,542
 
Goodwill
   
 
80
 
   
 
1,181
 
   
 
1,261
 
Domain and brand names
   
 
—  
 
   
 
718
 
   
 
718
 
Subscriber base and lists
   
 
—  
 
   
 
1,769
 
   
 
1,769
 
Non-Compete
agreement
   
 
—  
 
   
 
1,601
 
   
 
1,601
 
    
 
 
     
 
 
     
 
 
  
Liabilities
                           
Contract liabilities
      —       
 
(5,020
) 
   
 
(5,020
) 
    
 
 
     
 
 
     
 
 
  
    
$
6,293
 
   
$
288
 
   
$
6,581