Quarterly report pursuant to Section 13 or 15(d)

Aegis Contract and Related Asset Acquisition (Details)

v3.23.3
Aegis Contract and Related Asset Acquisition (Details)
 3 Months Ended 7 Months Ended
Mar. 15, 2023
USD ($)
employee
vehicle
Jan. 12, 2023
USD ($)
Apr. 14, 2022
USD ($)
Sep. 30, 2023
USD ($)
Dec. 31, 2021
USD ($)
Sep. 30, 2023
USD ($)
Asset Acquisition [Line Items]            
Inventory adjustment       $ 20,130    
Accounts payable adjustment       $ 20,130    
Aegis Energy Services, LLC            
Asset Acquisition [Line Items]            
Assets acquired | vehicle 8          
Employees acquired | employee 8          
Cash $ 170,000          
Accounts receivable credit issued 300,000          
Account payable 91,048          
Contingent consideration 1,442,462          
Total fair value of consideration transferred 2,003,510 $ 667,121 $ 564,027   $ 562,752  
Property, plant and equipment 170,000          
Inventory 391,048          
Identifiable intangible asset - customer contracts 1,591,327          
Assets acquired 2,152,375          
Deferred maintenance reserve (871,856)          
Liabilities assumed (871,856)          
Net identifiable assets acquired 1,280,519          
Goodwill 722,991          
Total revenues           $ 1,231,537
Net income (loss)           $ 766,804
Contingent consideration 205,246          
Deferred maintenance reserve 570,745          
Liabilities assumed, current 775,991          
Contingent consideration 1,206,077          
Deferred maintenance reserve 279,600          
Liabilities assumed, noncurrent $ 1,485,677          
Aegis Energy Services, LLC | Measurement Input, Discount Rate            
Asset Acquisition [Line Items]            
Intangible Assets, Measurement Input 15.00%          
Aegis Energy Services, LLC | Measurement Input, WACC            
Asset Acquisition [Line Items]            
Intangible Assets, Measurement Input 12.00%