ACQUISITION OF PRECISION ACOUSTICS LIMITED (Details Narrative) - Precision Acoustics Limited [Member] |
Oct. 29, 2024
USD ($)
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Oct. 31, 2024
USD ($)
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Business Acquisition [Line Items] | ||
Payments to Acquire Businesses, Gross | $ 6,538,569 | |
Cash Acquired from Acquisition | 1,933,284 | |
Payments to Acquire Businesses, Net of Cash Acquired | 4,605,285 | |
Working capital amount | 595,869 | |
Other Payments to Acquire Businesses | 1,337,415 | |
Payment for prior year acquisition | $ 80,000 | |
Foreign currency exchange rate | 1.278973 | |
Selling, General and Administrative Expenses [Member] | ||
Business Acquisition [Line Items] | ||
Business Acquisition, Transaction Costs | $ 41,531 | |
Technology-Based Intangible Assets [Member] | ||
Business Acquisition [Line Items] | ||
Discount rate | 12.36% | |
Noncompete Agreements [Member] | ||
Business Acquisition [Line Items] | ||
Discount rate | 12.36% |
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- Definition Business combination working capital amount. No definition available.
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- Definition Intangible assets discount rate for fair value determination. No definition available.
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- Definition Amount of direct costs of the business combination including legal, accounting, and other costs incurred to consummate the business acquisition. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash inflow associated with the acquisition of business during the period (for example, cash that was held by the acquired business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Foreign exchange rate used to translate amounts denominated in functional currency to reporting currency. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash outflow associated with other payments to acquire businesses including deposit on pending acquisitions and preacquisition costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Cash outflow representing an adjustment to the purchase price of a previous acquisition. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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