Company: DJTWW
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001140361-25-004848
Chunk: 187

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 424B3
Chunk 187
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 |     |   |  16,313.2 |
| Amount attributable to liability assumed |     |   |  16,313.2 |
| Total purchase price                     |     | $ | 132,171.0 |

The goodwill consists largely of the expected cash flows and future growth anticipated for the Company from acquiring the assets. The goodwill is deductible for tax purposes. We valued the source code and technology by applying the multi-period excess earnings method, which is a form of the income approach. The principle behind this valuation method is that the value of an intangible asset is equal to the present value of the incremental after-tax cash flows attributable only to the subject intangible asset after deducting contributory asset charges. Projected cash flows were discounted using a rate of return reflecting the relative risk of achieving the cash flows as well as the time value of money. Our valuation of exclusivity rights used the with or without method, which estimates fair value by calculating the difference between two discounted cash flow models; one that represents the status quo for the business enterprise with the asset in place, and another without it. The projected cash flows were then discounted using a rate of return reflecting the risk and uncertainty of their achievement relative to the overall business. The acquired finite-lived intangible assets have a total weighted-average amortization period of 5.00 years. Pro forma financial information is not presented because the acquisition was not material to our financial statements pursuant to Rule 3-05 of Regulation S-X. As of December 31, 2024, $9,616.7 of the assumed debt remained outstanding and for the year ended December 31, 2024, $303.5 of interest expense was accreted.

NOTE 5 – GOODWILL AND INTANGIBLE ASSETS The following table summarizes changes in our goodwill balance:

| Balance at December 31, 2023     |     |   |         - |
|:---------------------------------|:----|:--|----------:|
| Goodwill related to acquisitions |     |   | 120,884.2 |
| Balance at December 31, 2024     |     | $ | 120,884.2 |

Finite-lived intangible assets, net are summarized as follows:

|                               |     | December 31, 2024 |          |     |              |          |   |     |              |          |
|:------------------------------|:----|:------------------|---------:|:----|:-------------|:---------|:--