Fair value of consideration transferred in exchange for 100% of Noa Home:

Cash

$

5,878

Fair value of contingent consideration payable

1,375

Total fair value of consideration paid or payable

$

7,253

Allocation of the fair value of consideration transferred:

Identifiable assets acquired:

Cash

$

296

Inventory

1,585

Other current assets

317

Property & equipment

155

Intangible asset - trade name

1,929

Total identifiable assets acquired

4,282

Liabilities assumed:

Accounts payable

(1,227

)

Customer deposits

(1,059

)

Other current liabilities and accrued expenses

(458

)

Total liabilities assumed

(2,744

)

Net identifiable assets acquired

1,538

Goodwill

5,715

Total net assets acquired

$

7,253