v3.26.1
Intangible Asset and Goodwill (Tables)
3 Months Ended
Mar. 31, 2026
INTANGIBLE ASSET AND GOODWILL  
Schedule of amortization of intangible assets using straight-line method

Intangible Assets

  ​ ​ ​

Estimated Useful Lives (month)

Edward-Developed Technology

84

Edward-Customer Relationships

144

Edward-Trade Names

84

TWEW-Customer Relationships

120

Edward Transit Express Group Inc.  
INTANGIBLE ASSET AND GOODWILL  
Schedule of final valuation of assets acquired and liabilities assumed

As of June 30, 2024

As of March 31, 2024

Change

Finalized value

  ​ ​ ​

Preliminary value

  ​ ​ ​

Amount

Acquired assets acquired and (liabilities):

  ​ ​ ​

  ​ ​ ​

Cash

$

79,883

$

79,883

$

Accounts Receivable

47,354

47,354

Other Current Assets

42,685

42,685

Right-of-use Lease Asset

645,625

645,625

Fixed Assets

60,795

60,795

Developed Technology

120,000

120,000

Customer Relationships

360,000

360,000

Trade Names

36,000

36,000

Goodwill

568,532

437,382

131,150

Other Noncurrent Assets

27,000

27,000

Accounts Payable

(34,686)

(34,686)

Accrued Expenses Payable

(20,933)

(20,933)

Deferred Tax Liability

(131,150)

(131,150)

Operating Lease Liability, Current

(94,548)

(94,548)

Operating Lease Liability, Long Term

(506,557)

(506,557)

Total Purchase Consideration

$

1,200,000

$

1,200,000

$

TWEW  
INTANGIBLE ASSET AND GOODWILL  
Schedule of final valuation of assets acquired and liabilities assumed

Acquired assets acquired and (liabilities):

  ​ ​ ​

  ​

Cash

$

69,980

Accounts Receivable

 

43,120

Other Current Assets

 

1,210

Customer Relationships

 

600,000

Goodwill

 

475,861

Deferred Tax Liability

 

(140,171)

Short term loan payable

 

(50,000)

Total Purchase Consideration

$

1,000,000