Business Combination (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Summary of Fair Value of Purchase Price Allocation

A summary of the purchase price allocation at fair value is below.

	Purchase Allocation
Customer list	$	395,416
Vehicles		198,087
Non-Compete		858
Mobile app		251,891
Trade name		50,559
Goodwill		1,276
	$	898,087

The purchase price was paid as follows:

Common stock issuable	$	700,000
Vehicle obligations		198,087
	$	898,087

A summary of the purchase price allocation at fair value is below:

	Purchase Allocation
Vehicles and delivery equipment	$	157,093
Customer list		459,657
Mobile app		252,423
Trade name		52,699
Goodwill		108,707
	$	1,030,579

The purchase price was paid as follows:

Cash	$	175,000
Shares of Balance Labs		101,000
Acquisition payable		65,000
Assumed notes payable		647,579
Assumed accounts payable		42,000
	$	1,030,579

Schedule of Pro Forma Combined Statements of Operations

The accompanying unaudited pro forma combined statements of operations present the accounts of EzFill Holdings, Inc. and Neighborhood Fuel for the period from March 28, 2019 (inception) to December 31, 2019 assuming the acquisition occurred on March 28, 2019 (inception).

December 31, 2019 Summary Statement of Operations	EzFill Holdings			Neighborhood Fuel			Combined
Revenue	$	1,221,285		$	1,788,149		$	3,009,434
Net Loss	$	(701,994	)	$	(292,785	)	$	(994,779	)
Net Loss per common share – basic and diluted	$	(0.02	)				$	(0.03	)
Weighted average common shares – basic and diluted		29,803,362						29,803,362

The accompanying unaudited pro forma combined statements of operations present the accounts of EzFill Holdings, Inc. and Neighborhood Fuel for the year ended December 31, 2020 assuming the acquisition occurred on January 1, 2020.

December 31, 2020 Summary Statement of Operations	EzFill Holdings			Neighborhood Fuel			Combined
Revenue	$	3,586,244		$	23,689		$	3,609,933
Net Loss	$	(7,254,006	)	$	(13,047	)	$	(7,267,053	)
Net Loss per common share – basic and diluted	$	(0.19	)				$	(0.19	)
Weighted average common shares – basic and diluted		38,194,632						38,194,632

Neighborhood Fuel, Inc [Member]

Summary of Fair Value of Purchase Price Allocation

A summary of the purchase price allocation at fair value is below.

	Purchase Allocation
Customer list	$	395,416
Vehicles		198,087
Non-Compete		858
Mobile app		251,891
Trade name		50,559
Goodwill		1,276
	$	898,087

The purchase price was paid as follows:

Common stock issuable	$	700,000
Vehicle obligations		198,087
	$	898,087