Schedule of fair value of intangible assets |
|
|
East Coast
Hydro
|
|
|
Humboldt
Depot
|
|
|
Superior
Growers
Supply
|
|
|
Central
Coast
Garden
|
|
|
Santa Rosa
Hydro
|
|
|
Heavy
Gardens
|
|
|
Total |
|
Inventory |
|
$ |
1,002,300 |
|
|
$ |
389,800 |
|
|
$ |
517,950 |
|
|
$ |
254,900 |
|
|
$ |
1,500,000 |
|
|
$ |
- |
|
|
$ |
3,664,950 |
|
Prepaids and other current assets |
|
|
30,200 |
|
|
|
6,800 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
37,000 |
|
Furniture and equipment |
|
|
45,600 |
|
|
|
30,000 |
|
|
|
50,000 |
|
|
|
4,600 |
|
|
|
100,000 |
|
|
|
- |
|
|
|
230,200 |
|
Goodwill |
|
|
1,341,400 |
|
|
|
654,000 |
|
|
|
540,250 |
|
|
|
136,400 |
|
|
|
4,884,500 |
|
|
|
433,000 |
|
|
|
7,989,550 |
|
Total |
|
$ |
2,419,500 |
|
|
$ |
1,080,600 |
|
|
$ |
1,108,200 |
|
|
$ |
395,900 |
|
|
$ |
6,484,500 |
|
|
$ |
433,000 |
|
|
$ |
11,921,700 |
|
|
|
East Coast
Hydro
|
|
|
Humboldt
Depot
|
|
|
Superior
Growers
Supply
|
|
|
Central
Coast
Garden
|
|
|
Santa Rosa
Hydro
|
|
|
Heavy
Gardens
|
|
|
Total |
|
Cash |
|
$ |
1,201,200 |
|
|
$ |
896,600 |
|
|
$ |
817,950 |
|
|
$ |
257,000 |
|
|
$ |
2,425,000 |
|
|
$ |
150,000 |
|
|
$ |
5,747,750 |
|
Assumption of payables |
|
|
66,300 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
66,300 |
|
Seller financing |
|
|
600,000 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
415,000 |
|
|
|
72,000 |
|
|
|
1,087,000 |
|
Common stock |
|
|
552,000 |
|
|
|
184,000 |
|
|
|
290,250 |
|
|
|
138,900 |
|
|
|
3,644,500 |
|
|
|
211,000 |
|
|
|
5,020,650 |
|
Total |
|
$ |
2,419,500 |
|
|
$ |
1,080,600 |
|
|
$ |
1,108,200 |
|
|
$ |
395,900 |
|
|
$ |
6,484,500 |
|
|
$ |
433,000 |
|
|
$ |
11,921,700 |
|
|
Schedule of revenue and earnings included in consolidated income statement |
|
|
East Coast
Hydro
|
|
|
Humboldt
Depot
|
|
|
Superior
Growers
Supply
|
|
|
Central
Coast
Garden
|
|
|
Santa Rosa
Hydro
|
|
|
Heavy
Gardens
|
|
|
Total |
|
Acquisition date |
|
|
1/23/2018 |
|
|
|
1/30/2018 |
|
|
|
4/12/2018 |
|
|
|
6/8/2018 |
|
|
|
7/13/2018 |
|
|
|
9/14/2018 |
|
|
|
|
|
Revenue |
|
$ |
3,450,600 |
|
|
$ |
2,030,200 |
|
|
$ |
1,926,400 |
|
|
$ |
498,000 |
|
|
$ |
1,594,900 |
|
|
$ |
121,500 |
|
|
$ |
9,621,600 |
|
Earnings |
|
$ |
613,000 |
|
|
$ |
147,600 |
|
|
$ |
178,200 |
|
|
$ |
56,000 |
|
|
$ |
165,300 |
|
|
$ |
5,800 |
|
|
$ |
1,165,900 |
|
|