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Business Combination | 12 Months Ended
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Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Business Combination | (13) Business Combination On March 11, 2022, the Company acquired substantially all of the assets of Full Service Fueling (“Seller”), a mobile fueling service provider, for (a) a net amount of $321,250 cash after a credit of $3,750, and (b) 40,323 common shares, with a value of $50,000 based upon the Company’s closing stock price on the Nasdaq on the date immediately preceding the Closing Date. Further, the Purchase Agreement includes provisions wherein the Company agrees to utilize Seller’s affiliate Palmdale Oil Company, Inc. (“Palmdale”) as one if its main fuel suppliers throughout the state of Florida. Palmdale will also provide the Company with access to vehicle parking at their locations throughout the state in order to support the expansion of the Company’s mobile fueling business. This acquisition was considered an acquisition of a business under ASC 805. A summary of the purchase price allocation at fair value is below. Schedule of Purchase Price Allocation at Fair Value
|  | Purchase Allocation |
Vehicles |  | $ | 153,000 |
Customer list |  |  | 66,413 |
Loading rack license |  |  | 58,857 |
Other identifiable intangibles |  |  | 56,124 |
Goodwill |  |  | 36,856 |
Purchase Allocation |  | $ | 371,250 |
The purchase price was paid as follows: Schedule of Business Acquisitions by Acquisition Issued or Issuable
Cash |  | $ | 321,250 |
Common stock |  |  | 50,000 |
Purchase Allocation |  | $ | 371,250 |
The vehicles and the identifiable intangibles will be depreciated and amortized over their estimated useful lives. Transaction costs related to the acquisition were not material. The results of operations for the year ended December 31, 2022, include approximately $113,000 of revenue and $4,000 net loss related to the acquired business since the March 11, 2022, acquisition date. The accompanying unaudited pro forma combined statement of operations presents the accounts of EzFill Holdings, Inc. and Neighborhood Fuel for the year ended December 31, 2021, assuming the acquisition occurred on January 1, 2021. Schedule of Unaudited Pro Forma Combined Statement of Operations
Year ended December 31, 2021 Summary Statement of Operations |  | EzFill Holdings |  |  | Full Service Fueling |  |  | Combined |
Revenue |  | $ | 7,233,957 |  |  | $ | 242,271 |  |  | $ | 7,476,228 |
Net Loss |  | $ | (9,383,397 | ) |  | $ | (122,507 | ) |  | $ | (9,505,904 | )
Net Loss per common share – basic and diluted |  | $ | (0.46 | ) |  |  |  |  |  | $ | (0.47 | )
Weighted average common shares – basic and diluted |  |  | 20,199,444 |  |  |  |  |  |  |  | 20,199,444 |

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI https://asc.fasb.org/topic&trid=2303972 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4946-128472 + Details
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