Quarterly report pursuant to Section 13 or 15(d)

Aegis Contract and Related Asset Acquisition (Details)

v3.23.2
Aegis Contract and Related Asset Acquisition (Details) - Aegis Energy Services, LLC
 3 Months Ended
Mar. 15, 2023
USD ($)
employee
vehicle
Jan. 12, 2023
USD ($)
Apr. 14, 2022
USD ($)
Jun. 30, 2023
USD ($)
Sep. 30, 2021
USD ($)
Asset Acquisition [Line Items]          
Assets acquired | vehicle 8        
Employees acquired | employee 8        
Cash $ 170,000        
Accounts receivable credit issued 300,000        
Account payable 111,178        
Contingent consideration 1,442,462        
Total fair value of consideration transferred 2,023,639 $ 667,121 $ 564,027   $ 562,752
Property, plant and equipment 170,000        
Inventory 411,178        
Identifiable intangible asset - customer contracts 1,591,327        
Assets acquired 2,172,505        
Deferred maintenance reserve (871,856)        
Liabilities assumed (871,856)        
Net identifiable assets acquired 1,300,649        
Goodwill 722,991        
Total revenues       $ 628,813  
Net income (loss)       $ 411,106  
Contingent consideration 164,357        
Deferred maintenance reserve 484,884        
Liabilities assumed, current 649,241        
Contingent consideration 1,278,105        
Deferred maintenance reserve 365,462        
Liabilities assumed, noncurrent $ 1,643,567        
Measurement Input, Discount Rate          
Asset Acquisition [Line Items]          
Intangible Assets, Measurement Input 15.00%        
Measurement Input, WACC          
Asset Acquisition [Line Items]          
Intangible Assets, Measurement Input 12.00%