Business Combinations, Asset Acquisitions, Transaction between Entities under Common Control, and Joint Venture Formation (Tables)

3 Months Ended

Mar. 31, 2026

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Business Combination, Recognized Asset Acquired and Liability Assumed

The provisional fair values of assets acquired and liabilities assumed are as follows:


						January 23, 2026
Cash and cash equivalents						$	33,642,710
Accounts receivable						102,951,695
Contract assets						93,122,923
Prepaid expenses and other current assets						1,647,291

Customer relationships						151,447,142
Trademarks						2,246,866
Trade name						14,649,376
Software						3,874,655
Website						124,311
Property and equipment						1,529,215
Operating lease right-of-use assets						1,511,191
Finance lease right-of-use assets						2,242,945

Other assets						658,372
Accounts payable						151,870,794
Accrued expenses and other current liabilities						127,346,814

Notes and loans payable						280,367,573
Operating lease liabilities						1,519,336
Finance lease liabilities						2,293,156
Deferred tax liabilities, net						33,266,355
Other liabilities						2,653,033
Net identifiable liabilities assumed						(189,668,369)
Goodwill						469,071,654
Net assets acquired						$	279,403,285

Purchase consideration at fair value						$	278,148,048
Fair value of redeemable noncontrolling interest retained						$	1,255,237