v3.26.1
Acquisitions
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Acquisitions

Note 8 – Acquisitions

 

Acquisition of Yerbaé

 

On June 27, 2025, the Company completed the acquisition of Yerbaé, a premium energy beverage company, in a transaction accounted for as a business combination under ASC 805, Business Combinations. The acquisition supports Safety Shot’s strategic growth in the functional beverage market. The Company acquired 100% of the equity interests of Yerbaé in exchange for a combination of cash and equity. The total purchase consideration was approximately $6.0 million, comprised of 19,881,948 common shares at a fair value of $0.301, or the stock price of the Company as of the acquisition date.

 

The acquisition was funded through newly issued shares of the Company’s common stock. The following table summarizes the allocation of the total purchase consideration to the assets acquired and liabilities assumed, based on their estimated fair values as of the acquisition date:

 

   June 27, 2025   Measurement Period Adjustments   December 31, 2025 
Fair value of consideration paid (through issuance of common stock)  $5,984,466        $5,984,466 
                
Net liabilities acquired   (9,484,014)   (91,698)   (9,575,712)
Intangibles acquired   2,874,300    (1,461,900)   1,412,400 
Goodwill   12,594,180    1,553,598    14,147,778 
Total consideration  $5,984,466   $-   $5,984,466 

 

The excess of the purchase price over the fair value of net assets acquired was recorded as goodwill. Goodwill primarily represents expected synergies, brand recognition, and the assembled workforce. None of the goodwill is expected to be deductible for tax purposes. The Company completed the purchase price allocation within the measurement period. Transaction-related costs of approximately $500,000 were expensed as incurred and are included in general and administrative expenses on the Company’s condensed consolidated statements of operations for the three and six months ended June 30, 2025.