Mergers and Acquisitions (Tables)

3 Months Ended

Mar. 29, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Fair Value Adjustments for Shares of Series B and Series M Preferred Stock

The fair value of the purchase price components outlined above was $16.0 million due to fair value adjustments for the shares of Series B Stock and Series M Stock, as detailed below (in $000’s):


Common stock	$	7,448
Series B preferred stock	8,552
Total purchase price	$	16,000

Schedule of Purchase Price Allocation of Purchase for ALT5 Subsidiary to Acquired Identifiable Assets, Liabilities Assumed and Goodwill

The table below outlines the purchase price allocation of the purchase for ALT5 Subsidiary to the acquired identifiable assets, liabilities assumed and goodwill (in $000’s):


Total purchase price			$	16,000
Accounts payable			267
Accrued liabilities			7,866
Digital assets payable			16,763
Debt			7,613
Total liabilities assumed			32,509
Total consideration			48,509
Cash			5,853
Accounts receivable			2,917
Digital assets receivable			9,082
Intangible assets
Customer relationships	$	13,925
Trade names	2,675
Developed technology	1,850
Subtotal intangible assets			18,450
Other			493
Total assets acquired			36,795
Total goodwill			$	11,714