Annual report pursuant to Section 13 and 15(d)

Business Combination (Tables)

v2.4.1.9
Business Combination (Tables)
 12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table summarizes the fair values of the assets acquired and liabilities assumed at the acquisition date. The Company completed the purchase price allocation for its acquisition of Physpeed as of December 31, 2014.
Financial assets
$
114

Accounts receivable
447

Prepaid expenses
28

Inventory
69

Fixed assets
56

Identifiable intangible assets
10,000

Financial liabilities
(65
)
Liability arising from potential earn-out consideration
(265
)
Net deferred tax liability
(2,335
)
Total identifiable net assets
8,049

Goodwill
1,201

 
$
9,250

The composition of financial instruments is as follows:
Consideration:
Cash
$
9,250

Fair value of total consideration transferred
$
9,250