ASSET ACQUISITION (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2022

Dec. 31, 2021

ASSET ACQUISITION

ASSET ACQUISITION

		(in thousands)
Consideration
Fair value of promissory note		$	1,136
Cash consideration			1,750
Total fair value of consideration:		$	2,886

Net book value of assets acquired
Inventory		$	47
Equipment			196
Leasehold improvements			731
Land			1,953
Liabilities assumed			(41	)
Total Net Assets Acquired		$	2,886

		(in thousands)
Consideration
Fair value of promissory note		$	2,960
Fair value of options issued			6
Total fair value of consideration:		$	2,966

Net book value of assets acquired
Cash		$	34
Accounts receivable			437
Inventory			522
Prepaids and other assets			115
Property, plant and equipment			3,497
Intangible assets			62
Right-of-use asset			311
Liabilities assumed			(2,012	)
Total Net Assets Acquired		$	2,966

Summary Of Weighted-Average Assumptions

Expected term (years)			2.7
Volatility			22.0	%
Risk-free interest rate			0.3	%
Dividend yield			0.0	%