v3.26.1
JAK SOLAR ACQUISITION (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
SCHEDULE OF SHARE-BASED PAYMENT AWARD ASSUMPTIONS

The following significant assumptions were used in the lattice model as of the acquisition date, December 31, 2025:

 

 

Assumption  Value Used 
Stock price (ordinary share closing price, December 31, 2025)  $1.6800 
Stated value per Preferred Share  $1.0000 
Fixed price / Initial conversion price  $2.0160 
Floor Price  $0.3360 
Expected volatility (1-year / 2-year / 3-year)   148.9% / 127.3% / 135.9%
Risk-free interest rate (1-year / 2-year / 3-year)   3.42% / 3.41% / 3.49%
Expected term (years)   2 years (primary) / 1 - 3 year range  
Expected dividend yield   0%
Average VWAP discount   6.03%
Discount for lack of marketability (DLOM)   30.83%
Fair value per Preferred Share  $1.0413 
Number of Preferred Shares issued   5,500,000 
Total fair value of consideration transferred  $5,727,021 
SCHEDULE OF PRELIMINARY PURCHASE PRICE ALLOCATION TO TOTAL ASSETS ACQUIRED AND LIABILITIES

 

   Fair Value 
Cash  $6,853 
Loans receivable   1,194,485 
Loan set up costs, net of unamortized costs   36,863 
Loan interest receivable   1,645 
Total assets acquired  $1,239,846 
Liabilities assumed   - 
Net identifiable assets acquired  $1,239,846 
Goodwill   4,487,175 
Total consideration  $5,727,021 
SCHEDULE OF BUSINESS COMBINATION, PRO FORMA INFORMATION

Supplemental Pro Forma Information

 

 

       
   Years Ended December 31, 
   2025   2024 
Revenue  $13,145,921   $13,835,787 
Net loss   (7,863,387)   (5,567,831)
Net loss per share, basic and diluted  $(13.88)  $(6.10)