Acquisitions - Summary of Total Consideration on Business Consideration (Details) - USD ($) |
Jun. 16, 2020 |
Jan. 08, 2020 |
|---|---|---|
| Meridian Acquisition [Member] | ||
| Cash | $ 11,863,724 | |
| Preferred stock | 5,000,000 | |
| Warrants | 4,770,000 | |
| Total purchase price | $ 21,633,724 | |
| CareCloud Acquisition [Member] | ||
| Cash | $ 11,852,526 | |
| Preferred stock | 19,000,000 | |
| Warrants | 300,000 | |
| Contingent consideration | 1,000,000 | |
| Total purchase price | $ 32,152,526 |
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- Definition Warrants. No definition available.
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- Definition Preferred stock. No definition available.
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- Definition Amount of direct costs of the business combination including legal, accounting, and other costs incurred to consummate the business acquisition. No definition available.
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- Definition Amount of liability recognized arising from contingent consideration in a business combination. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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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