v3.25.1
ACQUISITION UNDER ASSET PURCHASE (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
SCHEDULE OF PURCHASE PRICE ALLOCATED

The condensed consolidated financial statements include the results of the YLV from the date of acquisition. The purchase price has been allocated based on estimated fair values as of the acquisition date. The purchase price was allocated as follows:

 

Preliminary Purchase Price  April 20, 2024 
Cash  $900,000 
Promissory note to Seller   600,000 
Bank notes payables   900,000 
Convertible note to Seller   1,200,000 
Total purchase price  $3,600,000 

 

Preliminary Purchase Price Allocation    
Fixed assets  $1,098,070 
Inventory and other assets   13,985 
Operating lease right-of-use asset, net   1,409,288 
Goodwill   1,985,645 
Intangible assets   531,051 
Operating lease liabilities   (1,438,039)
Acquired assets, net  $3,600,000