XML 53 R35.htm IDEA: XBRL DOCUMENT v3.25.1
Business Combination (Tables)
8 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions of Purchase Price at Fair Market Value

The summary of the purchase price and its related allocation at fair market value is as follows:

 

      
Shares issued  $14,000,000 
Total Purchase Price  $14,000,000 

 

Assets acquired     
Inventory  $297,630 
Operating lease right-of-use assets   128,433 
Other assets   69,480 
Brand name   567,000 
Backlog   276,000 
Customer relationships   900,000 
Proprietary technology   3,705,000 
Goodwill   8,675,565 
Total assets acquired   14,619,108 
Liabilities assumed     
Accounts payable and accrued expenses   264,493 
Customer deposits   196,476 
Operating lease liabilities   158,139 
Total liabilities assumed   619,108 
Total fair value of net assets acquired  $14,000,000 
Schedule of Business Acquisitions of Pro Forma Information

 

  

Eight months ended

December 31, 2024

 
   Consolidated 
Revenues  $5,491,703 
      
Net Loss   (45,289,076)
      
Loss per share – basic and diluted   (0.59)

 

  

Year ended

April 30, 2024

 
   Consolidated 
Revenues  $18,872,309 
      
Net Loss   (26,127,024)
      
Loss per share – basic and diluted   (0.43)

 

  

Year ended

April 30, 2023

 
   Consolidated 
Revenues  $4,697,094 
      
Net Loss   (30,298,992)
      
Loss per share – basic and diluted   (0.56)