Business Combination and Control Obtained by a Related Party (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Business Combination and Control Obtained by a Related Party [Abstract] |
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| Schedule of Preliminary Purchase Price |
The preliminary purchase price allocation for Signing Day Sports, as adjusted, is as follows: | | | March 31, | | | Q2
Measurement
Period | | | June 30, | | | | | 2026 | | | Adjustment | | | 2026 | | | Number of shares outstanding owned by Signing Day Sports stockholders | | | 34,266,832 | | | | | | | | 34,266,832 | | | Multiplied by the price per share of Signing Day Sports common stock | | $ | 0.5401 | | | $ | | | | $ | 0.5401 | | | Preliminary purchase consideration based on Signing Day Sports shares outstanding | | $ | 18,507,516 | | | $ | | | | $ | 18,507,516 | | | Consulting agreements | | | 1,763,000 | | | | (20,000 | ) | | | 1,743,000 | | | Less: Signing Day Sports advance of funds | | | (1,330,000 | ) | | | | | | | (1,330,000 | ) | | Total preliminary purchase price | | $ | 18,940,516 | | | $ | (20,000 | ) | | $ | 18,920,516 | |
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| Schedule of Fair Value of the Assets Acquired and Liabilities |
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, as adjusted, assumed at the acquisition date: | | | March 31, | | | Q2
Measurement
Period | | | June 30, | | | | | 2026 | | | Adjustment | | | 2026 | | | Share purchase consideration | | $ | 18,507,516 | | | $ | - | | | $ | 18,507,516 | | | Consulting agreements | | | 1,763,000 | | | | (20,000 | ) | | | 1,743,000 | | | Signing Day Sports advance of funds | | | (1,330,000 | ) | | | | | | | (1,330,000 | ) | | Fair value of total purchase consideration | | $ | 18,940,516 | | | $ | (20,000 | ) | | $ | 18,920,516 | | | | | | | | | | | | | | | | | Assets | | | | | | | | | | | | | | Cash | | $ | 253,214 | | | $ | - | | | $ | 253,214 | | | Accounts receivable | | | 9,546 | | | | | | | | 9,546 | | | Property and equipment | | | 7,614 | | | | | | | | 7,614 | | | Other Assets | | | 52,068 | | | | | | | | 52,068 | | | Liabilities | | | | | | | | | | | | | | Accounts payable | | | (358,690 | ) | | | (65,000 | ) | | | (423,690 | ) | | Deferred revenue | | | (1,426 | ) | | | | | | | (1,426 | ) | | | | | | | | | | | | | | | | Total fair value of net liabilities assumed | | $ | (37,674 | ) | | $ | (65,000 | ) | | $ | (102,674 | ) | | Goodwill | | $ | 18,978,190 | | | $ | 45,000 | | | $ | 19,023,190 | |
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| Schedule of Preliminary Purchase Price Allocation for the Acquisition |
The following table presents the adjusted 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. | | | March 31, | | | Q2
Measurement
Period | | | June 30, | | | | | 2026 | | | Adjustment | | | 2026 | | | Assets acquired | | | | | | | | | | | | | | Cash | | $ | 253,214 | | | $ | - | | | $ | 253,214 | | | Accounts receivable | | | 9,546 | | | | | | | | 9,546 | | | Property and equipment | | | 7,614 | | | | | | | | 7,614 | | | Other Assets | | | 52,068 | | | | | | | | 52,068 | | | Liabilities assumed | | | | | | | | | | | | | | Accounts payable | | | (358,690 | ) | | | (65,000 | ) | | | (423,690 | ) | | Deferred revenue | | | (1,426 | ) | | | | | | | (1,426 | ) | | | | | | | | | | | | | | | | Total fair value of net liabilities assumed | | $ | (37,674 | ) | | $ | (65,000 | ) | | $ | (102,674 | ) | | Fair value of total purchase consideration | | | 18,940,516 | | | | (20,000 | ) | | | 18,920,516 | | | Add: Net liabilities assumed | | | 37,674 | | | | 65,000 | | | | 102,674 | | | Goodwill | | $ | 18,978,190 | | | $ | 45,000 | | | $ | 19,023,190 | |
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