| Schedule of Estimated Fair Values of the Identifiable Assets Acquired and Liabilities |
The
following table summarizes the purchase consideration and the purchase price allocation to the estimated fair values of the identifiable
assets acquired and liabilities assumed for the eight acquisitions for the year ended December 31, 2024:
| | | Winter Garden | | | Georgia | | | California | | | Lakeland | | | Success | | | BF Prime | | | Nona Title | | | Beaches & Baxpi | | | Total | | | Acquired ownership | | | 100 | % | | | 51 | % | | | 51 | % | | | 51 | % | | | 51 | % | | | 100 | % | | | 100 | % | | | 100 | % | | | | | | Acquisition date | | | 2/21/2024 | | | | 3/7/2024 | | | | 3/15/2024 | | | | 4/18/2024 | | | | 5/25/2024 | | | | 8/19/2024 | | | | 8/21/2024 | | | | 12/31/2024 | | | | | | | Common stock issued | | | 37 | | | | 35 | | | | 1 | | | | 64 | | | | 7 | | | | 5 | | | | 58 | | | | 153 | | | | 360 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Cash consideration | | $ | — | | | $ | — | | | $ | — | | | $ | 50,000 | | | $ | 10,000 | | | $ | 5,890 | | | $ | 174,580 | | | $ | 100,000 | | | $ | 340,470 | | | Equity consideration | | | 352,204 | | | | 516,453 | | | | 123,113 | | | | 823,903 | | | | 68,778 | | | | 44,111 | | | | 484,212 | | | | 1,036,177 | | | | 3,448,951 | | | Total purchase price | | $ | 352,204 | | | $ | 516,453 | | | $ | 123,113 | | | $ | 873,903 | | | $ | 78,778 | | | $ | 50,001 | | | $ | 658,792 | | | $ | 1,136,177 | | | $ | 3,789,421 | | | Noncontrolling interest | | | — | | | | 496,200 | | | | 118,285 | | | | 839,632 | | | | 75,689 | | | | — | | | | — | | | | — | | | | 1,529,806 | | | Acquisition date fair value | | $ | 352,204 | | | $ | 1,012,653 | | | $ | 241,398 | | | $ | 1,713,535 | | | $ | 154,467 | | | $ | 50,001 | | | $ | 658,792 | | | $ | 1,136,177 | | | $ | 5,319,227 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Purchase price allocation | | $ | 352,204 | | | $ | 1,012,653 | | | $ | 241,398 | | | $ | 1,713,535 | | | $ | 154,467 | | | $ | 50,001 | | | $ | 658,792 | | | $ | 1,136,177 | | | $ | 5,319,227 | | | Less fair value of net assets acquired: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Cash | | | 17,623 | | | | 79,553 | | | | 1,436 | | | | 32,935 | | | | 171 | | | | 4,542 | | | | 129,157 | | | | 11,461 | | | | 276,878 | | | Working capital (less cash) | | | (17,148 | ) | | | (54,991 | ) | | | (45,027 | ) | | | (59,325 | ) | | | (21,323 | ) | | | (3,817 | ) | | | (128,306 | ) | | | (24,562 | ) | | | (354,499 | ) | | Intangible assets | | | 171,767 | | | | 446,657 | | | | 111,202 | | | | 815,411 | | | | 104,798 | | | | 9,632 | | | | 103,074 | | | | 451,143 | | | | 2,213,684 | | | Long-term assets | | | — | | | | 91,118 | | | | 106,542 | | | | 129,521 | | | | 22,697 | | | | 14,545 | | | | — | | | | — | | | | 364,423 | | | Long-term liabilities | | | — | | | | (98,641 | ) | | | (69,449 | ) | | | (94,591 | ) | | | (8,236 | ) | | | (7,500 | ) | | | — | | | | — | | | | (278,417 | ) | | Net assets acquired | | | 172,242 | | | | 463,696 | | | | 104,704 | | | | 823,951 | | | | 98,107 | | | | 17,402 | | | | 103,925 | | | | 438,042 | | | | 2,222,069 | | | Goodwill | | $ | 179,962 | | | $ | 548,957 | | | $ | 136,694 | | | $ | 889,584 | | | $ | 56,360 | | | $ | 32,599 | | | $ | 554,867 | | | $ | 698,135 | | | $ | 3,097,158 | |
|
| Schedule of Intangible Assets Acquired and the Estimated Useful Life |
The
classes of intangible assets acquired and the estimated useful life of each class is presented in the table below for the eight acquisitions:
| | |
Winter
Garden | | |
Georgia | | |
California | | |
Lakeland | | |
Success | | |
BF
Prime | | |
Nona
Title | | |
Beaches
& Baxpi | | |
Total | |
| Franchise
agreement (10 to 11 years) | |
$ | 146,990 | | |
$ | 356,200 | | |
$ | 92,367 | | |
$ | 511,453 | | |
$ | 48,302 | | |
$ | 7,771 | | |
$ | - | | |
$ | 343,318 | | |
$ | 1,506,401 | |
| Agent
relationships (8 to 11 years) | |
| — | | |
| 43,447 | | |
| 7,657 | | |
| 147,455 | | |
| — | | |
| — | | |
| 103,074 | | |
| 91,869 | | |
| 393,502 | |
| Real
estate listings (1 year) | |
| 22,239 | | |
| 37,310 | | |
| 10,417 | | |
| 129,847 | | |
| 55,228 | | |
| 1,526 | | |
| — | | |
| 9,390 | | |
| 265,957 | |
| Non-compete
agreements (4 years) | |
| 2,538 | | |
| 9,700 | | |
| 761 | | |
| 26,656 | | |
| 1,268 | | |
| 335 | | |
| — | | |
| 6,566 | | |
| 47,824 | |
| Total
identifiable intangible assets acquired | |
$ | 171,767 | | |
$ | 446,657 | | |
$ | 111,202 | | |
$ | 815,411 | | |
$ | 104,798 | | |
$ | 9,632 | | |
$ | 103,074 | | |
$ | 451,143 | | |
$ | 2,213,684 | |
|