Acquisition (Tables)

6 Months Ended

Dec. 31, 2021

Acquisition

Schedule Of assets and liabilities of Infusionz

Tangible Assets	$	860,738
Intangible Assets		1,624,000
Goodwill		1,271,780
Liabilities Acquired		(199,929	)
Total Purchase Price	$	3,556,589

Tangible Assets	$	563,663
Intangible Assets		2,388,000
Goodwill		4,848,330
Liabilities Acquired		(1,099,993	)
Total Purchase Price	$	6,700,000

Schedule of pro forma

Pro Forma, Unaudited									Proforma
Three months ended December 31, 2020	Grove, Inc.			VitaMedica		Interactive			Adjustments			Proforma
Net sales	$	4,164,894		$	936,582	$	367,001		$			$	5,468,477
Cost of sales	$	2,234,259		$	277,232	$	-		$			$	2,511,491
Operating expenses	$	2,173,930		$	377,153	$	1,273,688		$	236,000		$	4,060,771
Net income (loss)	$	102,520		$	15,831	$	(796,782	)	$	(236,000	)	$	(914,431	)
Basic income (loss) per common share	$	0.01		$	0.16	$	(1.20	)	$			$	(0.06	)
Weighted average shares outstanding		13,455,013			100,000		666,667						14,221,680
Pro Forma, Unaudited									Proforma
Six months ended December 31, 2021	Grove, Inc.			VitaMedica		Interactive			Adjustments			Proforma
Net sales	$	19,116,535		$	384,391	$	732,519		$			$	20,233,445
Cost of sales	$	7,023,734		$	93,509	$	-		$			$	7,117,243
Operating expenses	$	11,539,658		$	255,286	$	1,348,035		$	166,917		$	13,309,896
Net income (loss)	$	576,544		$	35,596	$	(795,507	)	$	(166,917	)	$	350,284	)
Basic income (loss) per common share	$	0.04		$	0.36	$	(1.19	)	$			$	(0.02	)
Weighted average shares outstanding		15,915,154			100,000		666,667						16,681,821
Pro Forma, Unaudited									Proforma
Six months ended December 31, 2020	Grove, Inc.			VitaMedica		Interactive			Adjustments			Proforma
Net sales	$	7,102,336		$	1,810,872	$	1,329,523		$			$	10,242,730
Cost of sales	$	3,853,467		$	522,962	$	-		$			$	4,376,429
Operating expenses	$	4,252,250		$	684,598	$	1,816,464		$	472,000		$	7,225,312
Net income (loss)	$	(706,553	)	$	90,527	$	(376,987	)	$	(472,000	)	$	(1,465,013	)
Basic income (loss) per common share	$	(0.06	)	$	0.91	$			$			$	(0.12	)
Weighted average shares outstanding		11,830,013			100,000		666,667						12,596,680