| Schedule of Summarizes the Purchase Price Allocation of the Giant Assets Acquired and Liabilities Assumed |
The following table summarizes the purchase price allocation of the NAHD assets acquired and liabilities assumed. | Fair value of consideration transferred: | | | | | Series A Preferred Stock | | $ | 18,800,000 | | | | | | | | | Fair value of consideration transferred: | | | | | | Cash | | $ | 13,997 | | | Accounts receivable | | | 81,640 | | | Inventory | | | 9,288 | | | Other assets | | | 25,252 | | | Property, plant and equipment | | | 487,990 | | | Oil and gas assets | | | 4,410,965 | | | Trade name | | | 500,000 | | | Developed technology | | | 1,700,000 | | | Customer relationships | | | 1,800,000 | | | Accounts payable | | | (452,013 | ) | | Accrued expenses | | | (210,837 | ) | | Notes payable, related parties | | | (2,963,457 | ) | | Notes payable | | | (1,226,465 | ) | | Asset retirement obligations | | | (961,668 | ) | | Net assets acquired | | | 3,214,692 | | | Goodwill | | | 15,585,308 | | | Total consideration | | $ | 18,800,000 | | The following table summarizes the purchase price allocation of the Giant assets acquired and liabilities assumed. | Fair value of consideration transferred: | | | | | Cash | | $ | 1,000,000 | | | Common stock | | | 518,150 | | | Promissory note payable | | | 1,477,000 | | | | | $ | 2,995,150 | | | Fair value of consideration transferred: | | | | | | Cash | | $ | 8,000 | | | Accounts receivable | | | 281,660 | | | Inventory | | | 46,000 | | | Other assets | | | 12,000 | | | Trade name | | | 600,000 | | | Customer relationships | | | 1,500,000 | | | Accounts payable | | | (486,000 | ) | | Accrued expenses | | | (419,000 | ) | | Contract liabilities | | | (329,631 | ) | | Notes payable | | | (82,000 | ) | | Net assets acquired | | | 1,131,029 | | | Goodwill | | | 1,864,121 | | | Total consideration | | $ | 2,995,150 | |
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| Schedule of Pro Forma Consolidated Results of Operations |
The following unaudited pro forma consolidated results of operations for the years ended December 31, 2025 and 2024 assume the acquisitions of NAHD and Giant were completed on January 1, 2024: | | | 2025 | | | 2024 | | | | | (Unaudited) | | | (Unaudited) | | | Pro-forma total revenues | | $ | 6,204,742 | | | $ | 7,480,200 | | | Pro-forma net loss | | $ | (18,803,141 | ) | | $ | (20,457,179 | ) |
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