Quarterly report pursuant to Section 13 or 15(d)

Sale of ARCA and Subsidiaries (Tables)

v3.23.3
Sale of ARCA and Subsidiaries (Tables)
 9 Months Ended
Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of calculation of the gain on sale of ARCA and subsidiaries
The following table details the calculation of the gain on sale of ARCA and subsidiaries, as shown on the income statement (in $000's):
Total minimum consideration $ 6,023 
Payment from buyer 3 
Net consideration $ 6,026 
Accounts payable 5,323 
Accrued liabilities 3,187 
Accrued liabilities - California state sales tax 6,320 
Lease liabilities 5,285 
Debt 4,530 
Accumulated other comprehensive loss (604)
Total disposal of liabilities 24,041 
Total consideration 30,067 
Cash 145 
Accounts receivable 4,884 
Inventory 67 
Property, plant and equipment 2,767 
Intangible assets 732 
Right-of-use assets 5,075 
Other assets 574 
Total disposal of assets 14,244 
Total gain on sale $ 15,823