XML 67 R52.htm IDEA: XBRL DOCUMENT v3.24.4
BUSINESS COMBINATION (Tables)
 12 Months Ended
Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
SCHEDULE OF BUSINESS ACQUISITION OF TANGIBLE AND INTANGIBLE ASSETS AND LIABILITIES

The consideration transferred and allocation of Heisey’s tangible and intangible assets and liabilities, are as follows.

 

   Preliminary   Final 
Consideration Transferred:          
Cash  $393,291   $393,291 
Seller’s note   240,000    240,000 
Financed amount   2,160,000    2,160,000 
Total consideration transferred  $2,793,291   $2,793,291 
           
           
Purchase Price Allocation:          
Inventory   300,000    443,069 
Contract assets   667,259    667,259 
Machinery and equipment   1,625,000    1,625,000 
Contract liabilities   (216,469)   (216,469)
Accrued expenses   (57,499)   (57,499)
Goodwill   475,000    331,931 
Total consideration transferred  $2,793,291   $2,793,291 
SCHEDULE OF PRO FORMA FINANCIAL INFORMATION

 

   Unaudited 
   For the year ended 
   September 30, 2023 
     
Revenues  $66,274,838 
Net loss   (9,173,748)