Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS (Tables)

v3.2.0.727
ACQUISITIONS (Tables) - Acquired Businesses [Member]
 6 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table summarizes the final purchase price consideration and the allocation of the purchase price to the net assets acquired:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent
 
 
 
 
 
 
Common Stock
 
 
 
 
Acquired
 
Consideration
 
Total
 
 
 
Shares
 
Value
 
Cash
 
Backlog
 
Adjustment
 
Consideration
 
 
(in thousands)
 
Omni
 
 
1,049
 
$
4,079
 
$
6,655
 
$
103
 
$
(329)
 
$
10,508
 
Practicare
 
 
293
 
 
1,137
 
 
2,394
 
 
17
 
 
(242)
 
 
3,306
 
CastleRock
 
 
359
 
 
1,395
 
 
2,339
 
 
28
 
 
-
 
 
3,762
 
Total
 
 
1,701
 
$
6,611
 
$
11,388
 
$
148
 
$
(571)
 
$
17,576
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The results of the valuation analysis are presented below:
 
Customer contracts and relationships
 
$
8,225,000
 
Non-compete agreements
 
 
925,000
 
Tangible assets
 
 
61,256
 
Acquired backlog
 
 
148,408
 
Goodwill
 
 
8,216,336
 
 
 
 
17,576,000
 
Business Acquisition, Pro Forma Information [Table Text Block]
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30, 2014
 
June 30, 2014
 
 
 
In ($000s) except per share data
 
Total revenue
 
$
7,762
 
$
15,251
 
Net loss
 
$
(841)
 
$
(2,185)
 
Net loss per share
 
$
(0.16)
 
$
(0.43)