XML 40 R28.htm IDEA: XBRL DOCUMENT
v3.25.1

Business Combinations (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Business Combinations [Line Items] |
Schedule of Preliminary Purchase Price Allocation to Total Assets Acquired and Liabilities | The table below represents the final purchase price allocation to total assets acquired and liabilities assumed and the associated estimated useful lives as of the acquisition date.
|  | Initial Amounts Recognized as of the acquisition date |  |  | Measurement Period Adjustment |  |  | Final Purchase Price Allocation |
Cash & Cash Equivalents |  | $ | 50,786 |  |  | $ | - |  |  | $ | 50,786 |
Accounts Receivable |  |  | 15,745 |  |  |  | (15,745 | ) |  |  | - |
Other Current Assets |  |  | 2,050 |  |  |  | - |  |  |  | 2,050 |
Net Property Plant & Equipment |  |  | 76,350 |  |  |  | - |  |  |  | 76,350 |
Goodwill(1) |  |  | 549,494 |  |  |  | (459,517 | ) |  |  | 89,977 |
Intangible assets |  |  | - |  |  |  | 26,000 |  |  |  | 26,000 |
Accounts Payable |  |  | (46,506 | ) |  |  | 46,506 |  |  |  | - |
Accrued Expenses |  |  | (36,480 | ) |  |  | - |  |  |  | (36,480 | )
Dividend Payable |  |  | (31,381 | ) |  |  | - |  |  |  | (31,381 | )
Long Term Loans |  |  | (54,662 | ) |  |  | - |  |  |  | (54,662 | )
Net assets acquired |  | $ | 525,396 |  |  | $ | (402,756 | ) |  | $ | 122,640 |
(1) | During the measurement period, the Company recorded a measurement period adjustment to the preliminary purchase price allocation (“PPA”). This adjustment reduced goodwill due to eliminating intercompany transactions affecting the PPA and removed previously recognized contingent consideration, which was recorded as compensation expense under ASC 805.
The table below represents the final purchase price allocation to total assets acquired and liabilities assumed and the associated estimated useful lives as of the acquisition date.
|  | Final Purchase Price Allocation |
Cash & cash equivalents |  | $ | 1,911 |
Accounts receivable |  |  | 42,536 |
Other current assets |  |  | 7,895 |
Net property plant & equipment |  |  | 3,715 |
Goodwill |  |  | 1,708,915 |
Intangible assets |  |  | 1,135,000 |
Accounts payable |  |  | (160,815 | )
Accrued expenses |  |  | (231,197 | )
Other current liabilities |  |  | (65,675 | )
Debt assumed |  |  | (1,238,785 | )
Net assets acquired |  | $ | 1,203,500 |
The table below represents the final purchase price allocation to total assets acquired and liabilities assumed and the associated estimated useful lives as of the acquisition date.
|  | Initial Amounts Recognized as of the acquisition date |  |  | Measurement Period Adjustment |  |  | Final Purchase Price Allocation |
Cash & cash equivalents |  | $ | 442,439 |  |  | $ | - |  |  | $ | 442,439 |
Accounts receivable |  |  | 92,822 |  |  |  |  |  |  |  | 92,822 |
Goodwill(1) |  |  | 2,248,782 |  |  |  | 138,438 |  |  |  | 2,387,220 |
Intangible assets |  |  | 1,434,000 |  |  |  |  |  |  |  | 1,434,000 |
Accounts payable |  |  | (3,794 | ) |  |  |  |  |  |  | (3,794 | )
Other current liabilities |  |  | (251,249 | ) |  |  |  |  |  |  | (251,249 | )
Net assets acquired |  | $ | 3,963,000 |  |  | $ | 138,438 |  |  | $ | 4,101,438 |
(1) | During the measurement period, adjustments were made to the recorded value of goodwill based on the newly available information regarding the fair values of the acquired assets and liabilities.
Schedule of Allocation to Identifiable Intangible Assets Acquired | The purchase price allocation to identifiable intangible assets acquired subject to amortization consists of the following:
|  | Estimated Useful Life (in years) |  |  | Gross Value |  |  | Accumulated Amortization |  |  | Net Book Value |
Definite Lived Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  | 5 |  |  | $ | 8,500 |  |  | $ | 1,118 |  |  | $ | 7,382 |
Customer and other relationships |  |  | 6 |  |  |  | 17,500 |  |  |  | 1,918 |  |  |  | 15,582 |
Balance, December 31, 2024 |  |  |  |  |  | $ | 26,000 |  |  | $ | 3,036 |  |  | $ | 22,964 |
The purchase price allocation to identifiable intangible assets acquired subject to amortization consists of the following:
|  | Estimated Useful Life (in years) |  |  | Gross Value |  |  | Accumulated Amortization |  |  | Net Book Value |
Definite Lived Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |
Developed technology |  |  | 5 |  |  | $ | 800,000 |  |  | $ | 75,397 |  |  | $ | 724,603 |
Trademarks and trade names |  |  | 9 |  |  |  | 272,000 |  |  |  | 14,242 |  |  |  | 257,758 |
Customer and other relationships |  |  | 10 |  |  |  | 63,000 |  |  |  | 2,969 |  |  |  | 60,031 |
Balance, December 31, 2024 |  |  |  |  |  | $ | 1,135,000 |  |  | $ | 92,608 |  |  | $ | 1,042,392 |
The purchase price allocation to identifiable intangible assets acquired subject to amortization consists of the following:
|  | Estimated Useful Life (in years) |  |  | Gross Value |  |  | Accumulated Amortization |  |  | Net Book Value |
Definite Lived Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  | 15 |  |  | $ | 1,434,000 |  |  | $ | 29,859 |  |  | $ | 1,404,141 |
Balance, December 31, 2024 |  |  |  |  |  | $ | 1,434,000 |  |  | $ | 29,859 |  |  | $ | 1,404,141 |
Schedule of Estimate Amortization Expense | The following table outlines the estimated future amortization expense related to intangible assets held as of December 31, 2024:
Years Ending December 31: |  | Amount |
2025 |  |  | 473,256 |
2026 |  |  | 473,256 |
2027 |  |  | 473,256 |
2028 |  |  | 473,256 |
2029 |  |  | 330,063 |
Thereafter |  |  | 1,062,319 |
Total |  | $ | 3,285,406 |
Business Combination [Member] |
Business Combinations [Line Items] |
Schedule of Estimate Amortization Expense | We estimate amortization expense for the next five years and beyond will be as follows:
Years Ending December 31: |  | Amount |
2025 |  |  | 4,617 |
2026 |  |  | 4,617 |
2027 |  |  | 4,617 |
2028 |  |  | 4,617 |
2029 |  |  | 3,499 |
Thereafter |  |  | 999 |
Total |  | $ | 22,966 |
We estimate amortization expense for the next five years and beyond will be as follows:
Years Ending December 31: |  | Amount |
2025 |  |  | 196,522 |
2026 |  |  | 196,522 |
2027 |  |  | 196,522 |
2028 |  |  | 196,522 |
2029 |  |  | 121,125 |
Thereafter |  |  | 135,179 |
Total |  | $ | 1,042,392 |
We estimate amortization expense for the next five years and beyond will be as follows:
Years Ending December 31: |  | Amount |
2025 |  |  | 95,600 |
2026 |  |  | 95,600 |
2027 |  |  | 95,600 |
2028 |  |  | 95,600 |
2029 |  |  | 95,600 |
Thereafter |  |  | 926,141 |
Total |  | $ | 1,404,141 |

X
- References No definition available. + Details
Name: | rtc_BusinessCombinationsTablesLineItems
Namespace Prefix: | rtc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
Name: | us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |