v3.26.1
Business Combination and Control Obtained by a Related Party (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination and Control Obtained by a Related Party [Abstract]  
Schedule of Preliminary Purchase Price

The preliminary purchase price allocation for Signing Day Sports is as follows:

 

    March 31,
2026		  
Number of shares outstanding owned by Signing Day Sports stockholders     34,266,832  
Multiplied by the price per share of Signing Day Sports common stock   $ 0.5401  
Preliminary purchase consideration based on Signing Day Sports shares outstanding   $ 18,507,516  
Consulting agreements     1,763,000  
Less: Signing Day Sports advance of funds     (1,330,000 )
Total preliminary purchase price   $ 18,940,516  
Schedule of Fair Value of the Assets Acquired and Liabilities Assumed

The following table summarizes the total consideration exchanged for Signing Day Sports and the allocation of purchase price to the estimated fair value of the assets acquired and liabilities assumed at the acquisition date:

 

Share purchase consideration   $ 18,507,516  
Consulting agreements     1,763,000  
Signing Day Sports advance of funds     (1,330,000 )
Fair value of total purchase consideration   $ 18,940,516  
         
Assets        
Cash   $ 253,214  
Accounts receivable     9,546  
Property and equipment     7,614  
Other Assets     52,068  
Liabilities        
Accounts payable     (358,690 )
Deferred revenue     (1,426 )
         
Total fair value of net liabilities assumed   $ (37,674 )
Intangible assets   $ 18,978,190  
Schedule of Preliminary Purchase Price Allocation for the Acquisition

The following table presents the preliminary purchase price allocation for the acquisition. Any future measurement period adjustments will be based upon information obtained about facts and circumstances that existed at the acquisition date.

 

    Preliminary purchase price allocation  
Assets acquired      
Cash   $ 253,214  
Accounts receivable     9,546  
Property and equipment     7,614  
Other Assets     52,068  
Liabilities assumed        
Accounts payable     (358,690 )
Deferred revenue     (1,426 )
         
Total fair value of net liabilities assumed   $ (37,674 )
Fair value of total purchase consideration     18,940,516  
Add: Net liabilities assumed     37,674  
Intangible assets   $ 18,978,190