Acquisition (Tables)

9 Months Ended

Mar. 31, 2024

Schedule of recognized identified assets acquired, and liabilities assumed

Cash	$	1,500,000
Convertible note payable, convertible at $6.00 per common share		1,050,000
Earnout payment		-
Common stock, 555,489 shares valued at $5.34 per common share, the closing price on April 1, 2022.		2,965,756
	$	5,515,756
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash	$	471,237
Accounts receivable		860,882
Inventory		2,337,208
Prepaid expenses		6,900
Property and equipment		7,602
Right to use asset		410,365
Other asset		6,545
Online sales channels		1,800,000
Vendor relationships		6,000,000
Accrued liabilities		(701,606	)
Notes payable		(7,298,353	)
Operating lease		(422,479	)
Total identifiable net assets	$	3,478,301
Goodwill	$	2,037,455

Cash	$	800,000
Noncontrolling interest		505,147
Forgiveness of advances		89,416
Common stock, 90,909 shares valued at $1.79 per common share, the closing price on September 1, 2023.		162,727
	$	1,557,290

Schedule of revenue from acquisitions

	Nine months ended March 31,
	2024		2023
Cygnet	$	10,629,121	$	20,806,317
LuckyTail		2,219,111		3,573,727
E-Core		38,625,335		25,822,931
	$	51,473,567	$	50,202,975

	Three months ended March 31,
	2024		2023
Cygnet		1,956,310		7,359,955
LuckyTail		673,738		1,394,459
E-Core		9,221,715		13,647,412
	$	11,851,763	$	22,401,826

Schedule of pro forma

Pro Forma, Unaudited								Proforma
Nine months ended March 31, 2023	Upexi, Inc.			LuckyTail		E-Core		Adjustments			Proforma
Net sales	$	56,282,542		$	892,270	$	12,905,836	$	-		$	70,080,648
Cost of sales	$	35,555,746		$	137,088	$	11,177,032	$	-		$	46,869,866
Operating expenses	$	26,635,582		$	383,476	$	1,050,602	$	567,721		$	28,637,381
Net income (loss) from continuing operations	$	(263,119	)	$	371,706	$	660,860	$	(567,721	)	$	201,726
Basic income (loss) per common share	$	(0.02	)	$	-	$	0.53	$	-		$	0.01
Weighted average shares outstanding		17,418,877			-		1,247,402		(693,001	)		17,973,278

LuckyTail [Member]

Schedule of recognized identified assets acquired, and liabilities assumed

Fair value of consideration transferred:
Cash	$	2,000,000
Cash payment, 90 days after close		484,729
Cash payment, 180 days after close		469,924
Contingent consideration		112,685
Cash payment, working capital adjustment		460,901
	$	3,528,239
Recognized amounts of identifiable assets acquired, and liabilities assumed:
Inventory	$	460,901
Trade name		383,792
Customer list		1,834,692
Total identifiable net assets	$	2,679,385
Goodwill	$	848,854

E Core Technology Inc [Member]

Schedule of recognized identified assets acquired, and liabilities assumed

Fair value of consideration transferred:
Cash	$	100,000
Cash payment, 120 days		3,000,000
Note payable		5,189,718
Note payable 2		4,684,029
Convertible note payable, convertible at $4.81 per common share		2,418,860
Common stock, 1,247,402 shares valued at $4.81 per common share, the calculated closing price on October 21, 2022.		6,000,000
	$	21,039,765

Cash	$	1,014,610
Accounts receivable		6,699,945
Inventory		7,750,011
Prepaid expenses		75,721
Trade name		1,727,249
Customer relationships		5,080,305
Accrued liabilities		(192,051	)
Line of credit		(7,201,079	)
Total identifiable net assets	$	14,635,673
Goodwill	$	6,404,092