Quarterly report pursuant to Section 13 or 15(d)

revised summary of the purchase price and its related allocation

v3.21.4
revised summary of the purchase price and its related allocation
3 Months Ended 9 Months Ended
Oct. 31, 2021
USD ($)
Oct. 31, 2021
USD ($)
Skypersonic Acquisition    
Business Acquisition [Line Items]    
Cash   $ 75,000
Total Purchase Price   2,791,013
Assets acquired    
Cash $ 13,502 13,502
Accounts receivable 51,083 51,083
Other current assets 12,950 12,950
Inventory 50,556 50,556
Total assets acquired 128,091 128,091
Liabilities assumed    
Accounts payable and accrued expenses 1,054,997 1,054,997
Total liabilities assumed 1,054,997 1,054,997
Total fair value of net assets acquired (926,906) (926,906)
Goodwill 3,717,919 3,717,919
Teal Drones Acquisition    
Business Acquisition [Line Items]    
Total Purchase Price 10,011,279  
Assets acquired    
Cash 11,364 11,364
Accounts receivable 47,964 47,964
Other current assets 15,085 15,085
Inventory 1,253,755 1,253,755
Total assets acquired 1,376,763 1,376,763
Liabilities assumed    
Accounts payable and accrued expenses 1,143,899 1,143,899
Total liabilities assumed 5,659,983 5,659,983
Total fair value of net assets acquired (4,283,220) (4,283,220)
Goodwill 14,294,499 14,294,499
Other assets 48,595 48,595
Customer deposits 1,766,993 1,766,993
Notes payable $ 2,749,091 $ 2,749,091