BUSINESS COMBINATION (Details Narrative) - USD ($) |
6 Months Ended | ||||
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Mar. 04, 2025 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
Oct. 14, 2024 |
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BUSINESS COMBINATION | |||||
Retention description | amounts equal $400,000 of 50% of the Net Sales (as defined in the APA) of Lucemyra and 50% of the Net Distributable Profits (as defined in the APA) of the generic version of Lucemyra | ||||
Common stock shares issued | 500,000 | 104,500 | 30,000 | ||
Common stock purchase | 500,000 | ||||
Common stock price per share | $ 0.31 | $ 0.001 | $ 0.001 | $ 0.75 | |
Exercise price | $ 1.00 | ||||
Fair value of stock issued | $ 153,500 | ||||
Discounted at the risk-free rate | 4.04% | ||||
Upfront purchase price | $ 400,000 | $ 392,441 | |||
Discounted at required metric risk premium | $ 27.78 | ||||
Business contributed revenues | $ 311,347 | ||||
Earnings | 258,504 | ||||
Acquisition-related costs | 219,359 | ||||
Pro forma adjusted amount | 219,359 | ||||
Royalty payments | $ 192,365 |
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- Definition Amount of expense for acquisition-related cost incurred to effect business combination. Includes, but is not limited to, finder's fee; advisory, legal, accounting, valuation, and other professional and consulting fees; and general administrative cost, including cost of maintaining internal acquisition department. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Face amount or stated value per share of common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount the entity has committed to make for future royalty guarantees. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of shares of stock issued attributable to transactions classified as other. No definition available.
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