Business Combinations (Tables)

12 Months Ended

Dec. 31, 2025

Business Combinations [Abstract]

Schedule of Consideration Transferred

Total Acquisition Date Amounts Recognized as of December 31, 2024

	Delta		Deluxe		Proficient Transport		Sierra		Tribeca		Total
Purchase consideration
Cash consideration paid	$	31,580,792	$	36,634,181	$	82,185,183	$	17,442,396	$	10,685,499	$	178,528,051
Stock consideration issued		32,888,947		20,907,990		26,575,928		13,949,040		9,000,055		103,321,960
Contingent consideration – earn-out		-		3,095,114		-		-		-		3,095,114
Total purchase price	$	64,469,739	$	60,637,285	$	108,761,111	$	31,391,436	$	19,685,554	$	284,945,125
Allocation of purchase price
Fair value of net assets acquired	$	36,911,739	$	26,852,598	$	51,500,811	$	20,321,662	$	9,255,115	$	144,841,925
Goodwill	$	27,558,000	$	33,784,687	$	57,260,300	$	11,069,774	$	10,430,439	$	140,103,200

Total Acquisition Date Amounts Recognized as of May 12, 2025

	Delta		Deluxe1		Proficient Transport1		Sierra		Tribeca		Total
Purchase consideration
Cash consideration paid	$	31,580,792	$	35,597,237	$	82,185,183	$	17,442,396	$	10,685,499	$	177,491,107
Stock consideration issued		32,888,947		20,907,990		26,575,928		13,949,040		9,000,055		103,321,960
Contingent consideration – earn-out		-		3,095,114		-		-		-		3,095,114
Total purchase price	$	64,469,739	$	59,600,341	$	108,761,111	$	31,391,436	$	19,685,554	$	283,908,181
Allocation of purchase price
Fair value of net assets acquired	$	36,911,739	$	25,470,641	$	50,428,659	$	20,321,662	$	9,255,115	$	142,387,816
Goodwill	$	27,558,000	$	34,129,700	$	58,332,452	$	11,069,774	$	10,430,439	$	141,520,365

¹ Final adjustments were made to Deluxe and Proficient Transport. At Deluxe, the Company withheld $1,036,944 of the escrow payment and incurred $1,381,957 in additional liabilities and deferred taxes. At Proficient Transport, an adjustment was made to income tax receivable of $1,072,152.

The table below presents the consideration transferred and the allocation of the total consideration to tangible and intangible assets acquired and liabilities assumed from the acquisition of ATG based on the respective fair values as of December 31, 2024 as well as the measurement period adjustments recorded as of August 16, 2025:

	December 31, 2024		Adjustment			August 16, 2025
Purchase consideration
Cash consideration paid	$	28,938,295		(500,000	)	$	28,438,295
Stock consideration issued		20,542,136		-			20,542,136
Total purchase price	$	49,480,431		(500,000	)	$	48,980,431
Allocation of purchase price
Fair value of net assets acquired		24,886,502		218,438			25,104,940
Goodwill		24,593,929		(718,438	)		23,875,491

Schedule of Recognized Intangible Assets

The Company recognized intangible assets as follows:

	Useful Life	Delta		Deluxe		Proficient Transport		Sierra		Tribeca		Total
Customer relationships	15 years	$	34,200,000	$	16,700,000	$	32,600,000	$	16,800,000	$	2,200,000	$	102,500,000
Trade names	10 years		1,800,000		2,600,000		4,300,000		2,400,000		1,300,000		12,400,000
Total		$	36,000,000	$	19,300,000	$	36,900,000	$	19,200,000	$	3,500,000	$	114,900,000

The Company recognized intangible assets as follows:

	Useful Life	Auto Transport Group
Customer relationships	15 years	$	22,200,000
Trade names	10 years		1,100,000
Total		$	23,300,000

Schedule of Comparative Expenses of Proficient

There are no comparative expenses of Proficient during the year ended December 31, 2023.

	Unaudited Proforma
	Year Ended December 31,
	2025			2024		2023
Total operating revenue	$	430,425,174		$	388,761,808	$	418,267,000
Total operating (loss) income	$	(32,334,882	)	$	10,943,431	$	32,237,999

	Successor
	December 31,
	2024
Total Operating Revenue	$	240,854,527
Total Operating Income	$	8,086,898