Cryo-Cell International, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Acquisition (Tables)

v3.3.1.900

Acquisition (Tables)

12 Months Ended

Nov. 30, 2015

Business Combinations [Abstract]

Summary of Fair Value of Consideration for the Acquisition

The following summarizes the fair value of the consideration for the Acquisition:


Consideration
Cash	$	375,374
Assumed liabilities of seller		1,073,898
Note payable to seller		1,300,000
Prepaid expense paid to seller by purchaser		104,000

Consideration	$	2,853,272

Summary of Allocation of Total Purchase Price for the Acquisition

The following summarizes the allocation of the total purchase price for the Acquisition:


Inventory	$	529,097
Tooling molds		35,353
License agreement		470,000
Customer relationships		41,000

Total identifiable net assets acquired		1,075,450

Goodwill	$	1,777,822

Summary of Unaudited Pro Forma Combined Statement of Operations


Unaudited Pro Forma Combined Statement of Operations As of November 30, 2015
	Company Historical		Prepacyte CB (Acquired) Historical		Pro Forma Combined
Revenue	$	20,620,138		1,146,140	$	21,766,278
Net Income		8,106,343		299,626	$	8,405,969
Income per share:
Basic	$	0.85	$	0.03	$	0.88

Diluted	$	0.83	$	0.03	$	0.86


Unaudited Pro Forma Combined Statement of Operations As of November 30, 2014
	Company Historical		Prepacyte CB (Acquired) Historical		Pro Forma Combined
Revenue	$	20,126,546		1,111,720	$	21,238,266
Net Income		553,623		296,465		850,088
Income per share:
Basic	$	0.05	$	0.03	$	0.08

Diluted	$	0.05	$	0.03	$	0.08

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)-(3)
-URI http://asc.fasb.org/extlink&oid=56956515&loc=d3e1392-128463

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- References

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- Definition

Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments.

+ References

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472

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