| Schedule of preliminary allocation of consideration transferred |
The following reflects the Company’s preliminary allocation of consideration transferred for the Pakedge acquisition (in thousands):
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Pakedge
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Acquisition
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Cash
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$
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843
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Accounts receivable
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460
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Inventory
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5,784
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Other assets acquired
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1,139
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Intangible assets
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23,156
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Goodwill
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13,519
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Total assets acquired
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44,901
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Deferred tax liability
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9,824
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Warranty liability
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391
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Other liabilities assumed
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1,688
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Total net assets acquired
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$
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32,998
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| Schedule of unaudited pro forma information regarding the acquisition |
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Three Months Ended
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March 31,
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2016
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2015
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Revenue
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$
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44,219
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$
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36,196
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Loss from operations
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(5,082)
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(5,236)
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Net income (loss)
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$
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(4,975)
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$
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(4,762)
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Net income (loss) per common share:
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Basic
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$
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(0.21)
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$
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(0.20)
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Diluted
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$
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(0.21)
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$
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(0.20)
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