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Asset Purchase (Tables)
6 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Allocation of Purchase Price

The allocation of the purchase price was as follows:

 

($ in thousands)

 

      
Inventory  $765 
Property and Equipment, tooling   124 
Prepaid Assets   2 
Accrued Liability   (25)
Total Identifiable net assets (liabilities)   866 
Intangible assets (Trademark) (including capitalized costs)   6,752 
Total Purchase Price (allocated)  $7,618 
Total Cash Consideration Paid to Seller  $7,551 
Capitalized Acquisition Costs (Legal and Shipping fees)   67