Acquisition of Curedm (Details) - Contribution Agreement [Member] - CureDM Group Holdings, LLC [Member] |
Dec. 31, 2019
USD ($)
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25,000,000 shares of the Company's common stock | $ 1,250,000 |
22,741,140 contingency shares of the Company's common stock | |
Total consideration | 1,250,000 |
Assets acquired: | |
Cash | 3,592 |
Property and equipment | 273 |
Goodwill | 1,176,220 |
Intangibles | 234,122 |
Liabilities assumed: | |
Accounts payable and accrued expenses | (164,207) |
Net assets acquired | $ 1,250,000 |
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- Definition For contingent consideration arrangements recognized in connection with a business combination. No definition available.
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- Definition Value of equity interests (such as common shares, preferred shares, or partnership interest) issued or issuable to acquire the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities due within one year or within the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount recognized for assets, including goodwill, in excess of (less than) the aggregate liabilities assumed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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- Details
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