v3.24.2.u1
ACQUISITION OF WILSON-DAVIS - Preliminary allocation of the purchase price (Details) - USD ($)
3 Months Ended
Feb. 07, 2024
Mar. 31, 2024
ACQUISITION OF WILSON-DAVIS    
Cash payable $ 8,000,000 $ 7,127,569
WILSON-DAVIS    
ACQUISITION OF WILSON-DAVIS    
Cash payable 7,127,569  
Fair value of shares transferred from sponsor 8,850,100  
Total consideration paid 28,948,866  
Cash 11,333,271  
Cash segregated 22,000,605  
Receivables 4,065,148  
Trading Securities, market value 6,875  
Prepaid Income Tax 201,125  
Accounts payable, accrued expenses and other current liabilities (28,045,034)  
Current portion of lease liability (161,212)  
Property and equipment 23,645  
Cash deposit BDs and Clearing Organizations 3,536,664  
Operating Lease Right-to-Use Lease Assets 395,063  
Other Assets 385,058  
Stock loan (1,431,068)  
Long-term Lease liability (239,629)  
Subordinated Borrowing (1,950,000)  
Trading Account deposit (100,000)  
Net assets acquired 10,020,511  
Excess of purchase price over net liabilities assumed before allocation to identifiable intangible assets and goodwill 18,928,355 $ 18,928,355
WILSON-DAVIS | Short term    
ACQUISITION OF WILSON-DAVIS    
Short-term and long-term notes 5,000,000  
WILSON-DAVIS | Long term    
ACQUISITION OF WILSON-DAVIS    
Short-term and long-term notes $ 7,971,197