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 ACQUIRED IDENTIFIABLE ASSETS ACQUIRED, AND LIABILITIES

The following table shows the allocation of the purchase price of Vector to the identifiable assets acquired and liabilities assumed as of March 31, 2026:

 

   Vector 
Initial purchase price  $2,769,826 
Additional purchase consideration   500,000 
      
Total purchase price  $3,269,826 
      
Tangible and intangible assets acquired, and liabilities assumed at fair value:     
Cash  $6,415 
Accounts receivable, net   78,338 
Inventory   8,021 
Supplies   - 
Prepaid expenses   - 
Property and equipment, net   18,187 
Intangible assets   715,874 
Right-of-use lease assets   8,912 
Accounts payable   (102,678)
Accrued expenses   (1,202)
Right-of-use lease liabilities   (7,593)
Note payable   - 
Other loans   (63,935)
Noncontrolling interest   - 
      
Assets acquired, net of liabilities assumed  $660,339 
Goodwill  $2,609,487 
SCHEDULE OF UNAUDITED PRO-FORMA COMBINED RESULTS OF OPERATIONS

The following presents the unaudited pro-forma combined results of operations of the Company for the three months ended March 31, 2025 as if the acquisition of Vector occurred on January 1, 2025.

 

  

Three Months Ended

March 31, 2025

 
Net revenues  $3,302,307 
Net loss attributable to FOXO  $(653,952)
Deemed dividends from preferred stock issuances and triggers of down round provisions and extension of Assumed Warrants   (172,125)
Net loss to common stockholders   (826,077)
Preferred stock dividends – undeclared   (314,909)
Net loss to common stockholders after undeclared preferred stock dividends  $(1,140,986)
      
Net loss per share of Class A Common Stock, basic and diluted  $(0.76)
Weighted average shares of Class A Common Stock, basic and diluted   1,506,959