| Schedule of Change in Deferred Consideration |
The
change in the amount of deferred consideration from January 1, 2024, to December 31, 2025:
Schedule of Change in Deferred Consideration
| | |
Cash
Considerations | | |
Third Anniversary Consideration
Payment | | |
Total | |
| Balance, January 1, 2024 | |
$ | 2,889,792 | | |
$ | 810,000 | | |
$ | 3,699,792 | |
| Fair value adjustment | |
| 126,551 | | |
| (488,000 | ) | |
| (361,449 | ) |
| Balance, December 31, 2024 | |
| 3,016,343 | | |
| 322,000 | | |
| 3,338,343 | |
| Fair value adjustment | |
| (16,343 | ) | |
| (63,132 | ) | |
| (79,475 | ) |
| Shares issued to Abaca
shareholders | |
| - | | |
| (258,868 | ) | |
| (258,868 | ) |
| Balance, December 31, 2025 | |
$ | 3,000,000 | | |
$ | - | | |
$ | 3,000,000 | |
|
| Schedule of Fair Value Measurements Inputs for the Third Anniversary Payment Consideration |
The
following table provides quantitative information regarding Level 3 fair value measurements inputs for the third anniversary payment
consideration as of their measurement dates:
Schedule of Fair Value Measurements Inputs for the Third Anniversary Payment Consideration
| |
|
December
31, 2024 | |
| |
|
| |
| Stock price |
|
$ | 9.00 | |
| Payment date |
|
| 10/15/2025 | |
| Third anniversary consideration |
|
$ | 1,500,000 | |
| Risk free interest rate |
|
| 4.2 | % |
| Market discount rate |
|
| 5.8 | % |
| Remaining term in years |
|
| 0.75 | |
| Expected volatility |
|
| 86.2 | % |
|