Annual report pursuant to Section 13 and 15(d)

Schedule of Sale of Business (Details)

v3.23.1
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 (766)
Less: transaction costs (307)
Total net consideration 6,970
Assets and liabilities disposed of, net (6,970) [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.