v3.26.1
Business Acquisition (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of consideration paid
     
Cash  $1,750,000 
Purchase consideration – Holdback Amount   150,000 
Fair value of the 500,000 shares of the Company’s Common Stock   750,000 
Fair value of total consideration transferred  $2,650,000 
Schedule of assets acquired and liabilities
     
Current assets acquired (including inventories of $1,298,727 and accounts receivable of $424,932)  $1,746,965 
Property and equipment, net   305,267 
Liabilities assumed (including accounts payable of $160,923, operating lease liability of $117,458 and other accrued liabilities of $25,479)   (303,860)
Total identifiable net assets   1,748,372 
Intangible assets (see Note 7)   294,170 
Operating lease ROU assets (see Note 12)   117,458 
Goodwill   490,000 
Total  $2,650,000 

 

      
Acquisition related cost (legal fees included in professional and consulting expenses during the six months ended June 30, 2026)  $170,000