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MERGER (Tables)
 3 Months Ended
Mar. 31, 2025
Merger  
Fair value of the acquisition

Fair value of the acquisition

 

The following table summarizes the allocation of the purchase price as of the ENvue acquisition:

 

Purchase price:    
Common Stock consideration   4,400,000 
Series X Preferred Stock consideration   35,000,000 
Total purchase price   39,400,000 
      
Allocated tangible assets:     
Net working capital   (940,000)
Inventory   395,000 
Fixed assets, net   112,000 
Right-of-use assets   58,000 
Lease liability LT   (14,000)
Total allocated tangible assets   (389,000)
      
Purchase price allocated to intangible assets     
Tradename and trademarks   560,000 
Proprietary technology   3,500,000 
Customer relationships   1,820,000 
Goodwill (unallocated intangible value)   33,909,000