| Schedule of Fair Value Liabilities Measured on Recurring Basis |
The following table presents the Company’s
liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025, classified within the fair value hierarchy:
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
| | |
| | |
| | |
| |
| June 30, 2026 | |
| | |
| | |
| | |
| |
| Liabilities: | |
| | |
| | |
| | |
| |
| Contingent consideration - 42 Telecom Ltd. | |
$ | - | | |
$ | - | | |
$ | 932 | | |
$ | 932 | |
| Contingent consideration - Telvantis Voice Services, Inc. | |
$ | - | | |
$ | - | | |
$ | 15,462 | | |
$ | 15,462 | |
| Total liabilities | |
$ | - | | |
$ | - | | |
$ | 16,394 | | |
$ | 16,394 | |
| | |
| | | |
| | | |
| | | |
| | |
| December 31, 2025 | |
| | | |
| | | |
| | | |
| | |
| Liabilities: | |
| | | |
| | | |
| | | |
| | |
| Contingent consideration - 42 Telecom Ltd. | |
$ | - | | |
$ | - | | |
$ | 3,733 | | |
$ | 3,733 | |
| Contingent consideration - Telvantis Voice Services, Inc. | |
$ | - | | |
$ | - | | |
$ | 31,106 | | |
$ | 31,106 | |
| Total liabilities | |
$ | - | | |
$ | - | | |
$ | 34,839 | | |
$ | 34,839 | |
|
The
following table presents the Company’s liabilities measured at fair value on a recurring basis as of December 31, 2025 and 2024,
classified within the fair value hierarchy:
| | |
Fair Value Measurements | |
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| December 31, 2025 | |
| | |
| | |
| | |
| |
| Liabilities: | |
| | |
| | |
| | |
| |
| Contingent consideration - 42 Telecom Ltd. | |
$ | - | | |
$ | - | | |
$ | 3,732,734 | | |
$ | 3,732,734 | |
| Contingent consideration - Telvantis Voice Services, Inc. | |
$ | - | | |
$ | - | | |
$ | 31,105,750 | | |
$ | 31,105,750 | |
| Total liabilities | |
$ | - | | |
$ | - | | |
$ | 34,838,484 | | |
$ | 34,838,484 | |
| | |
| | | |
| | | |
| | | |
| | |
| December 31, 2024 | |
| | | |
| | | |
| | | |
| | |
| Total liabilities | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
|
| Schedule of Changes in Fair Value of Contingent Consideration Measured at Fair Value |
The following table presents the changes in
fair value of contingent consideration measured at fair value for the six months ended June 30, 2026:
| |
|
Contingent |
|
| |
|
Consideration |
|
| Balance, December 31, 2025 |
|
$ |
34,839 |
|
| Change in fair value - 42 Telecom Ltd. |
|
|
(2,801 |
) |
| Change in fair value - Telvantis Voice Servies,
Inc. |
|
|
(1,170 |
) |
| Contingent consideration settled through issuance
of common stock |
|
|
(14,474 |
) |
| Balance, June 30, 2026 |
|
$ |
16,394 |
|
|
The
following table presents changes in fair value of contingent consideration measured at fair value for the years ended December 31, 2025
and 2024:
| | |
Contingent | |
| | |
Consideration | |
| Balance, December 31, 2023 | |
$ | - | |
| Purchase price consideration | |
| - | |
| Change in fair value | |
| - | |
| Balance, December 31, 2024 | |
| - | |
| Purchase price consideration - 42 Telecom Ltd. | |
| 7,120,000 | |
| Purchase price consideration - Telvantis Voice Services, Inc. | |
| 31,105,750 | |
| Change in fair value | |
| (3,387,266 | ) |
| Balance, December 31, 2025 | |
$ | 34,838,484 | |
|