ACQUISITION On March 1, 2019, the Company acquired 100% of the outstanding shares of Geminus for cash consideration of $8.4 million , comprised of $7.7 million of cash and an installment payable to the seller of $0.7 million due February 15, 2020. The payable to seller was paid in full by February 15, 2020. At December 31, 2019 , the balance of the payable to seller was $0.1 million . As further discussed in Note 26 , " Segmented Information ," Geminus is included in the Extended Warranty segment. Geminus is a specialty, full-service provider of vehicle service agreements and other finance and insurance products to used car buyers around the country. Geminus, headquartered in Wilkes-Barre, Pennsylvania, has been creating, marketing and administering these products on high-mileage used cars through its subsidiaries, Penn and Prime, since 1988. Penn and Prime distribute these products via independent used car dealerships and franchised car dealerships, respectively. This acquisition allows the Company to grow its portfolio of warranty companies and further expand into the vehicle service agreement business. This acquisition was accounted for as a business combination using the acquisition method of accounting. The purchase price was allocated to the assets acquired and liabilities assumed based upon their estimated fair values at the date of acquisition. Goodwill of $7.4 million was recognized, and $5.7 million of separately identifiable intangible assets were recognized resulting from the valuations of acquired customer relationships and trade names. Refer to Note 12 , " Intangible Assets ," for further disclosure of the intangible assets related to this acquisition. The goodwill represents the premium paid over the fair value of the net tangible and intangible assets acquired, which the Company paid to grow its portfolio of warranty companies and acquire an assembled workforce. The goodwill is not deductible for tax purposes. During the years ended December 31, 2019 and December 31, 2018 , the Company incurred acquisition-related expenses of $0.0 million and $0.5 million , respectively, which are included in general and administrative expenses in the consolidated statements of operations. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition: (in thousands) March 1, 2019 Investments $ 4,405 Cash and cash equivalents 755 Restricted cash 2,650 Accrued investment income 32 Service fee receivable 513 Other receivables 12 Property and equipment, net 79 Goodwill 7,445 Intangible assets not subject to amortization - trade names 1,974 Intangible asset subject to amortization - customer relationships 3,732 Other assets 620 Total assets $ 22,217 Accrued expenses and other liabilities $ 2,018 Income taxes payable 1 Deferred service fees 10,564 Net deferred income tax liabilities 1,263 Total liabilities $ 13,846 Purchase price $ 8,371 The consolidated statements of operations include the earnings of Geminus from the date of acquisition. From the date of acquisition through December 31, 2019 , Geminus earned revenue of $9.9 million and net income of $0.6 million . The following unaudited pro forma summary presents the Company's consolidated financial statements for the year ended December 31, 2019 and December 31, 2018 as if Geminus had been acquired on January 1, 2018. The pro forma summary is presented for illustrative purposes only and does not purport to represent the results of our operations that would have actually occurred had the acquisition occurred on January 1, 2018 or project our results of operations as of any future date or for any future period, as applicable. (in thousands, except per share data) Years ended December 31, 2019 2018 Revenues $ 61,912 $ 63,749 Loss from continuing operations attributable to common shareholders $ (6,511 ) $ (25,928 ) Basic loss per share - continuing operations $ (0.30 ) $ (1.19 ) Diluted loss per share - continuing operations $ (0.30 ) $ (1.19 )