v3.26.1
ACQUISITION (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
SCHEDULE OF PURCHASE PRICE ALLOCATION

 

      
Cash  $594,000 
Accounts receivable   24,000 
Prepaid expenses and other   1,198,000 
Computer equipment, net   9,000 
Intangibles   25,000,000 
Goodwill   41,861,000 
Accounts payable   (5,761,000)
Accrued expenses   (2,398,000)
Accrued sales tax   (2,961,000)
Accrued creator commission   (3,338,000)
Settlement payable   (1,312,000)
Deferred revenues   (3,166,000)
Note payable, current portion   (7,490,000)
Total net assets acquired  $42,260,000 
SCHEDULE OF TOTAL PURCHASE PRICE

The total purchase price as determined by the Company is approximately as follows:

 

   Estimated   % of 
   Fair Value   Total 
Content library (IP)  $387,000    56.9%
Trademarks   272,000    40.0%
Goodwill   20,000    3.1%
Gross assets acquired  $679,000    100.0%
 
   Estimated
Fair Value		   % of Total   Allocated Purchase Price   % of Total 
Content library (IP)  $387,000    56.9%  $256,485    58.7%
Trademarks   272,000    40.0%   180,457    41.3%
Goodwill   20,000    3.1%   -    0.0%
Net assets acquired  $679,000    100%  $432,942    100.0%