Quarterly report [Sections 13 or 15(d)]

Patent Assignment and Royalty Agreement (Tables)

v3.25.3
Patent Assignment and Royalty Agreement (Tables)
9 Months Ended
Sep. 30, 2025
Patent Assignment And Royalty Agreement  
Schedule of allocation of the purchase consideration

The following table presents the total purchase consideration and the allocation of the purchase consideration for the Acquisition as of September 2, 2025:

 

Acquisition Consideration (cash)   $ 1,750,000  
Fair value of Series I Preferred Stock (747,362 shares)     2,697,977  
Transaction Costs     259,022  
Total Preliminary Consideration Transferred     4,706,999  
         
Contingent Consideration     9,380,000  
         
Purchase Price   $ 14,086,999