v3.26.1
Business Acquisitions (Tables) - Grid AI Corp.
3 Months Ended
Mar. 31, 2026
Business Acquisitions  
Schedule of preliminary purchase price allocation

Assets acquired:

  ​ ​ ​

  ​ ​ ​

Cash and cash equivalents

$

332,969

Trade receivable and other current assets

 

381,561

Prepaid expenses

 

11,125

Subscription receivable

 

447,935

Developed technology

 

19,293,000

Customer relationships

 

2,306,000

Trade name

 

813,000

Total assets

$

23,585,590

Liabilities assumed:

 

  ​

Accounts payable

 

1,079,668

Tax payable

71,140

Deferred consideration

 

7,000,000

Notes payable

 

310,000

Due to related parties

 

269,898

Deferred tax liability

4,892,262

Total liabilities

$

13,622,968

Goodwill recorded:

 

  ​

Goodwill

$

22,434,494

Net assets acquired

$

32,397,116

Schedule of intangible assets acquired are subject to amortization

Estimated

Acquisition Date

Intangible Asset

  ​ ​ ​

Useful Life

  ​ ​ ​

Fair Value

Developed technology

 

10 years

$

19,293,000

Customer relationships

 

8 years

$

2,306,000

Trade name

 

10 years

$

813,000