v3.26.1
BUSINESS COMBINATION (Tables)
12 Months Ended
Dec. 31, 2025
BUSINESS COMBINATION  
Schedule of assets acquired and liabilities

Fair value of consideration transferred:

 

 

 

Upfront purchase price

 

$392,441

 

Royalty payments

 

 

108,260

 

Stock consideration

 

 

153,500

 

Warrant consideration

 

 

89,770

 

Total

 

 

743,971

 

 

 

 

 

 

Recognized amounts of identifiable assets acquired and liabilities assumed:

 

 

 

 

Inventories

 

$133,597

 

Trademarks (included in intangibles)

 

 

249,500

 

Customer base (included in intangibles)

 

 

336,200

 

Other payable

 

 

(538,484 )

Total identifiable net assets

 

$(180,813 )

Goodwill

 

 

563,158

 

Schedule of assumptions used for fair value of warrant

Risk-free interest rate

 

 

3.96%

Expected term (years)

 

 

2.00

 

Expected volatility

 

 

161.00%

Expected dividends

 

 

0.00

 

Schedule of fair value of the identifiable intangible assets

 

 

Fair Value

 

 

Estimated

useful life

 

Trademark

 

$249,500

 

 

Indefinite

 

Customer base

 

 

336,200

 

 

 

10

 

Schedule of pro forma financial information

 

 

2025

 

 

2024

 

 

 

(Unaudited)

 

 

(Unaudited)

 

Total revenue

 

$797,244

 

 

$803,119

 

Net loss

 

$(2,985,852)

 

$(5,112,846)