v3.26.3
ACQUISITION OF VINOVEST (Tables)
9 Months Ended
Sep. 30, 2026
ACQUISITION OF VINOVEST  
Schedule of allocation of the purchase price

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Stock paid to Vinovest

$

14,000,000

Total Consideration Paid

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14,000,000

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Allocated to:

$

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Cash

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3,536,944

Receivables and other current assets

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581,659

Collectibles held

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1,128,858

Fixed assets

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6,442

Intangible assets

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12,653,239

Accounts payable, accrued expenses and other current liabilities

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(3,907,142)

Net assets acquired

​

14,000,000

Excess of purchase price over net liabilities assumed before allocation to identifiable intangible assets and goodwill

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-

Schedule of allocation of the purchase price to identifiable intangible assets

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Estimated

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​

Useful Life

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Amount

(Years)

Customer Lists (a)

12,653,239

5

Excess of purchase price

-

—

Goodwill

-

—

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(a)The Vinovest customer relationships were valued using the Multi-Period Excess Earnings Method (“MPEEM”). The MPEEM reflects the present value of the operating cash flows generated by existing customer relationships after taking into account the cost to realize the revenue and an appropriate discount rate to reflect the time value and risk associated with the cash flows.
Summary of the unaudited pro forma financial information

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Three Months Ended

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Nine Months Ended

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Three Months Ended

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Nine Months Ended

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September 30, 2026

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September 30, 2026

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September 30, 2025

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September 30, 2025

Total revenue

38,639,791

​

108,653,206

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Total revenue

25,945,082

​

96,120,157

Net loss

(3,135,982)

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(3,552,255)

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Net income

1,135,985

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6,131,337

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Net loss per shares:

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Net loss per shares:

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Basic

(0.00)

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(0.00)

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Basic

0.00

​

0.01

Weighted average shares

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Weighted average shares

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Basic

758,393,038

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754,958,818

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Basic

739,094,644

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717,459,180

Net loss per shares:

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Net loss per shares:

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Diluted

(0.00)

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(0.00)

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Diluted

0.00

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0.01

Weighted average shares

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Weighted average shares

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Diluted

758,393,038

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754,958,818

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Diluted

1,221,346,254

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1,199,710,790

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September 30, 2026

Transaction cost

—

Amortization of intangibles

571,430

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