Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.21.4
Acquisitions (Tables)
 12 Months Ended
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The purchase price of the Trinity acquisition was allocated on a preliminary basis as follows:
Accounts receivable $ 2,259 
Prepaid expenses and other current assets 510 
Property and equipment 256 
Identifiable Intangible assets
 11,850 
Operating lease right-of-use assets
 348 
Total identifiable assets acquired
 15,223 
Accounts payable 1,230 
Operating lease liability
 361 
Deferred tax liability 3,838 
Total liabilities assumed
 5,429 
Net assets acquired
 9,794 
Goodwill 13,271 
Total consideration
 $ 23,065 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination An assessment of the fair value of identified intangible assets and their respective lives as of the acquisition date are as follows:
Estimated Useful Life
Fair Value
Customer list
 10 years $ 10,600 
Trademark
 6 years 1,000 
Developed technology 3 years 250 
Total intangible assets
 $ 11,850 
Business Acquisition, Pro Forma Information The unaudited pro forma information presented below is for informational purposes only and is not necessarily indicative of our consolidated results of operations of the consolidated business had the Trinity acquisition actually occurred at the beginning of fiscal year 2020 or of the results of our future operations of the consolidated business.
For the Year Ended
September 30,
2021 2020
(Unaudited)
Revenue
 $ 69,485  $ 39,032 
Net loss (excluding Trinity's nonrecurring items)
(44,344) (7,354)