Annual report pursuant to Section 13 and 15(d)

Business Combinations (Tables)

v3.21.1
Business Combinations (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of acquisition method of accounting
    Fair Value  
Cash   $ 5,441,437  
Goodwill     8,366,467  
Identifiable intangible assets:        
Ticketing software     64,000  
Promoter relationships     176,000  
Total identifiable intangible assets     240,000  
Account payable     (1,901,624 )
Current liabilities - discontinued operations     (380,789 )
Aggregate purchase price   $ 11,765,491  
Schedule of intangible assets
        December 31, 2020  
Intangible assets   Useful
life
  Gross
assets
    Accumulated
amortization
    Net  
Ticketing software   2 years   $ 64,000     $ (64,000 )   $      -  
Promoter relationships   2 years     176,000       (176,000 )          -  
Total intangible assets       $ 240,000     $ (240,000 )   $      -  
Schedule of changes to the carrying value of goodwill
    Fair Value  
December 31, 2018   $ -  
Preliminary goodwill related to the acquisition     8,466,282  
Measurement period adjustment     (99,815 )
December 31, 2019   $ 8,366,467  
Measurement period adjustment     -  
December 31, 2020   $ 8,366,467