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Business Acquisition (Details) - Schedule of Purchase Price Allocation as of the Acquisition
Dec. 31, 2023
USD ($)
Purchase Price:  
Cash paid at closing $ 10
Due to landlord 755,906
Total Purchase Price, net of cash acquired 755,916
Assets Acquired:  
Accounts receivable, net 636,550
Inventory 176,583
Costs and estimated earnings in excess of billings 181,152
Machinery and equipment 1,100,000
Total Assets Acquired: 2,094,285
Liabilities Assumed:  
Billings in excess of costs and earnings on uncompleted contracts (1,388,838)
Total Liabilities Assumed (1,388,838)
Net Assets Acquired 705,447
Excess Purchase Price “Goodwill” 50,469
PURO Lighting, LLC [Member]  
Purchase Price:  
Cash paid at closing 3,828,967
Common stock 2,597,111
Series B Preferred Stock 3,712,500
Series C Preferred Stock 667,947
Contingent consideration-Common Stock True Up*** 2,397,334
Contingent consideration-Earnout 3,713,875
Total Purchase Price, net of cash acquired 16,917,734
Assets Acquired:  
Accounts receivable, net 274,574
Inventory 2,085,912
Other current assets 415,188
Fixed assets, net 5,075
Tradenames/trademarks 1,228,000
Technology/know-how/trade secrets 1,842,000
Patented technology 1,710,000
Customer relationships 4,705,000
Total Assets Acquired: 12,265,749
Liabilities Assumed:  
Accounts payable and accrued expenses (936,448)
Deferred revenue (18,482)
Total Liabilities Assumed (954,930)
Net Assets Acquired 11,310,819
Excess Purchase Price “Goodwill” 5,606,915
LED Supply Co, LLC [Member]  
Purchase Price:  
Cash paid at closing 286,742
Common stock 1,432,889
Series C Preferred Stock 396,042
Contingent consideration-Common Stock True Up*** 1,322,665
Contingent consideration-Earnout 9,885,974
Total Purchase Price, net of cash acquired 13,324,312
Assets Acquired:  
Accounts receivable, net 1,461,461
Inventory 1,925,285
Other current assets 36,815
Vendor deposits 375,672
Fixed assets, net 106,330
Tradenames/trademarks 1,806,000
Technology/know-how/trade secrets 1,169,193
Vendor relationships 1,416,000
Rebate program 1,894,703
Customer relationships 1,962,000
Other non-current assets 24,819
Costs and estimated earnings in excess of billings 533,638
Total Assets Acquired: 12,711,916
Liabilities Assumed:  
Accounts payable and accrued expenses (2,854,509)
Deferred revenue (2,279,616)
Notes payable (1,778,666)
Financing lease liability (25,231)
Total Liabilities Assumed (6,938,022)
Net Assets Acquired 5,773,894
Excess Purchase Price “Goodwill” $ 7,550,418