Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Business Combination (Tables)

v3.23.3
Note 3 - Business Combination (Tables)
9 Months Ended
Oct. 31, 2023
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Description

 

Amount

 

Cash payments

  $ 202,119  

Class A common stock issued

    182,550  

Cash settlement of seller transaction costs and other

    1,315  

Total purchase price

  $ 385,984  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
   

Final Purchase

 

Description

 

Price Allocation

 

Cash, cash equivalents and restricted cash

  $ 4,053  

Current assets

    3,671  

Property and equipment

    385  

Intangible assets

    119,000  

Total assets acquired

    127,109  

Current liabilities

    (6,166 )

Deferred revenue

    (18,396 )

Deferred tax liabilities

    (21,621 )

Total liabilities assumed

    (46,183 )

Net assets acquired

    80,926  

Goodwill

    305,058  

Total purchase price

  $ 385,984  
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

Description

 

Amount

   

Life (in years)

 

Trade name

  $ 44,000       13.8  

Developed technology

    43,000       5.0  

Content

    17,000       5.0  

Customer relationships

    15,000       5.8  

Total

  $ 119,000          
Business Acquisition, Pro Forma Information [Table Text Block]
   

Unaudited Pro Forma

   

Unaudited Pro Forma

 
   

Statement of Operations

   

Statement of Operations

 
   

Three Months Ended October 31,

   

Nine Months Ended October 31,

 
   

2022

   

2022

 

Revenue

  $ 139,390     $ 422,861  

Net loss from continuing operations

    (16,134 )     (100,472 )