Quarterly report pursuant to Section 13 or 15(d)

SCHEDULE OF SALE OF BUSINESS (Details)

v3.22.2.2
SCHEDULE OF SALE OF BUSINESS (Details)
$ in Thousands
Aug. 31, 2022
USD ($)
Discontinued Operations and Disposal Groups [Abstract]  
Purchase price $ 7,000
Earnout received 1,043
Working capital adjustment, net (656)
Less: transaction costs (307)
Total net consideration 7,080
Assets and liabilities disposed of, net (7,080) [1]
Gain on sale
[1] includes goodwill and intangible assets written down prior to the Transaction. The goodwill write-down was approximately $8.4 million and the write-down of intangible assets was approximately $3.8 million.