Business combination recognized identifiable assets acquired and liabilities assumed current liabilities earnout.

No definition available.

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- Definition

Amount of assets acquired at the acquisition date.

+ References

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- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

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- Definition

Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date.

+ References

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- Definition

Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date.

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- Definition

Amount of liabilities due within one year or within the normal operating cycle, if longer, assumed at the acquisition date.

+ References

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- Definition

Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date.

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- Definition

Amount of long-term debt due within one year or within the normal operating cycle, if longer, assumed at the acquisition date.

+ References

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- Definition

Amount of intangible assets, excluding goodwill, acquired at the acquisition date.

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- Definition

The amount of inventory recognized as of the acquisition date.

+ References

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- Definition

Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed.

+ References

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- Definition

The amount of property, plant, and equipment recognized as of the acquisition date.

+ References

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- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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SCHEDULE OF ASSETS ACQUIRED AND LIABILITIES ASSUMED (Details) - USD ($)	Dec. 31, 2022	Sep. 30, 2022
Restructuring Cost and Reserve [Line Items]
Goodwill	$ 22,324,588
Forever 8 Fund LLC [Member] \| Purchase Agreement [Member]
Restructuring Cost and Reserve [Line Items]
Cash and cash equivalents		$ 732,716
Accounts receivable, net		561,569
Inventories		7,464,823
Prepaid expenses and other assets		116,857
Property and equipment		2,146
Intangible assets		19,000,000
Goodwill		22,324,588
Total assets acquired		50,202,699
Accounts payable and accrued expenses		10,452,699
Debt		1,850,000
Earnout
Total liabilities assumed		12,302,699
Total		$ 37,900,000