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DESCRIPTION OF THE BUSINESS OF LFTD PARTNERS INC (Details 2)
Sep. 30, 2024
USD ($)
DESCRIPTION OF THE BUSINESS OF LFTD PARTNERS INC  
Cash used to pay off Oculus' liabilties at the closing $ 368,488
100 shares of common stock of LIFD issued at the closing of the Merger to Chase and Hagan Sanchez 209
Value of minimum consideration to be paid in cash 200,000
Value of minimum consideration to be paid in shares of common stock of LIFD (160,000 shares of common stock valued at $5.00 per share) 800,000
Total Consideration 1,368,697
Cash 26,420
Accounts receivable 60,528
Inventory 147,431
Fixed Assets 329,559
Security and Utility Deposits 4,732
Goodwill 800,027
Total Assets Acquired 1,368,697
Total Liabilities Assumed 0
Net Assets Acquired $ 1,368,697