Quarterly report [Sections 13 or 15(d)]

BUSINESS COMBINATION (Tables)

v3.25.3
BUSINESS COMBINATION (Tables)
 9 Months Ended
Sep. 30, 2025
Business Combination [Line Items]  
SCHEDULE OF ASSETS ACQUIRED AND LIABILITIES ASSUMED

   

Preliminary

Purchase Price Allocation 		 
Purchase Consideration:        
Cash (net of excess cash of $43)   $ 207  
Common stock consideration     1,151  
Earn-out liabilities     2,194  
         
Total Purchase Consideration   $ 3,552  
         
Less:        
Trade names   $ 162  
Customer relationships     6  
Developed technology     1,541  
Property and equipment     6  
Non-compete agreements     62  
Note payable-related party     (114 )
Net working capital     147  
         
Fair Value of Identified Net Assets   $ 1,810  
         
Remaining Unidentified Goodwill Value   $ 1,742  
    Preliminary Purchase Price Allocation  
Current assets:        
Accounts receivable   $ 176  
Inventory     119  
Other current assets     6  
       
Total current assets   $ 301  
         
Less current liabilities:        
Accounts payable   $ 123  
Accrued expenses     24  
Deferred revenue     7  
         
Total current liabilities   $ 154  
         
Net working capital   $ 147  
 
Zemetric Inc [Member]  
Business Combination [Line Items]  
SCHEDULE OF PROFORMA INFORMATION OF OPERATIONS

    2025     2024     2025     2024  
   

For the Three Months Ended
September 30,

    

For the Nine Months Ended
September 30,

  
    2025     2024     2025     2024  
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
Revenues   $ 27,062     $ 25,458     $ 76,920     $ 96,618  
Net loss   $ (60 )   $ (87,460 )   $ (52,763 )   $ (125,140 )