v3.26.1
Business Combination and Acquisition of Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination and Acquisition of Assets [Abstract]  
Schedule of Purchase Consideration

The purchase consideration amounted to:

 

Cash  $154,675 
Equity compensation   435,000 
   $589,675 

The purchase consideration amounted to:

 

Equity compensation  $103,800 

The purchase consideration amounted to:

 

Note payable  $480,000 
Equity compensation   9,232,582 
   $9,712,582 
Schedule of Allocation of Purchase Price to Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the purchase price to the assets acquired and liabilities assumed for the Majestic Acquisition:

 

Cash and cash equivalents  $1,082 
Intangible assets   620,930 
Accounts payable and accrued expenses   (32,337)
   $589,675 

The following table summarizes the allocation of the purchase price to the assets acquired:

 

Intangible assets  $103,800 

The following table summarizes the allocation of the purchase price to the assets acquired and liabilities assumed for the Resource Group Acquisition:  

 

Cash and cash equivalents  $309,556 
Accounts receivable   927,808 
Inventory   949,670 
Prepaid expenses and other current assets   47,352 
Land   1,500,000 
Property and equipment   9,220,199 
Intangible assets and goodwill   18,066,933 
Right of use assets   319,468 
Accounts payable and accrued expenses   (3,263,930)
Due to affiliates   (2,311,180)
Notes payable   (14,435,721)
Operating lease liabilities   (339,767)
Finance lease liabilities   (1,277,806)
   $9,712,582 
Schedule of Business Combination Pro Forma Information

The following unaudited pro forma consolidated results of operations for the years ended December 31, 2025 and 2024 assume the acquisition Resource Group was completed on January 1, 2024:

 

   For the
Year Ended
December 31,
2025		   For the
Year Ended
December 31,
2024		 
   (Unaudited)   (Unaudited) 
Pro-forma total revenues  $15,171,540   $18,362,496 
Pro-forma net loss  $(17,375,673)  $(13,384,742)