Fusion Connect, Inc. Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

6 Months Ended

Jun. 30, 2018

Birch

				Useful life (in years)
Purchase consideration for invested capital	$	221,172
Less: debt		(89,205	)
Total purchase consideration for equity	$	131,967

Cash	$	28,176
Accounts receivable		8,684
Other current assets		2,444
Property and equipment		13,008
Other noncurrent assets		1,220
Intangible assets:
Developed technology		4,710			3
Trademark		49,500			10
Customer relationships		41,100			15
Goodwill		99,253
Deferred revenue		(1,200	)
Other liabilities, including debt		(114,928	)
	$	131,967

MegaPath Holding Corporation

				Useful life (in years)
Purchase consideration for invested capital	$	68,251

Working capital		3,779
Debt		(12,181	)
Total purchase consideration for equity	$	59,849

Cash	$	4,660
Accounts receivable		2,539
Other current assets		1,347
Property and equipment		6,319
Other noncurrent assets		1,602
Intangible assets:
Developed technology		10,610			3
Trademark		7,100			10
Customer relationships		17,800			15
Goodwill		28,755
Deferred revenue		(1,400	)
Other liabilities, including debt		(19,483	)
	$	59,849

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Revenues	$	145,996		$	173,200		$	296,048		$	342,827
Net loss		(27,714	)		(14,214	)		(46,483	)		(29,997	)
Basic and diluted net loss per share		(0.48	)		(0.56	)		(1.11	)		(1.19	)