Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions (Tables)

v3.21.2
Business Acquisitions (Tables)
6 Months Ended
Jul. 31, 2021
Synacor's Portal and Advertising Segment [Member]  
Business Acquisition [Line Items]  
Summary of the allocation of purchase consideration [Table Text Block]

Based on the preliminary valuation, the total consideration of $30.0 million has been allocated to assets acquired and liabilities assumed based on their respective fair values as follows:

    

Fair Value

Accounts Receivable and Prepaid

$

7,125,000

Fixed assets

 

805,000

Goodwill and Intangible assets

 

29,323,000

Liabilities assumed

 

(7,253,000)

Total consideration

$

30,000,000

Christopher & Banks, LLC [Member]  
Business Acquisition [Line Items]  
Summary of the allocation of purchase consideration [Table Text Block]

    

Fair Value

Inventory

$

4,091,000

Fixed assets

 

1,500,000

Goodwill and Intangible assets

 

3,607,000

Liabilities assumed

 

(4,198,000)

Total consideration

$

5,000,000