XML 43 R34.htm IDEA: XBRL DOCUMENT
v3.23.1

INTANGIBLE ASSETS, NET (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
SCHEDULE OF INTANGIBLE ASSETS | Intangible assets consist of the following at March 31, 2023 and December 31, 2022: SCHEDULE OF INTANGIBLE ASSETS
| Useful Lives |  | March 31, 2023 |  |  | December 31, 2022 |
Customer relationships | 7 years |  | $ | 7,100,000 |  |  | $ | 7,100,000 |
Developed technology | 10 years |  |  | 9,936,085 |  |  |  | 9,858,594 |
Trademarks and tradenames | 7 years |  |  | 2,200,000 |  |  |  | 2,200,000 |
Total intangible assets, gross |  |  |  | 19,236,085 |  |  |  | 19,158,594 |
Less: accumulated amortization |  |  |  | (1,155,188 | ) |  |  | (578,608 | )
Total intangible assets, net |  |  | $ | 18,080,897 |  |  | $ | 18,579,986 |
SCHEDULE OF AMORTIZATION FUTURE ROLLING MATURITY | Amortization expense for the next five years is as follows: SCHEDULE OF AMORTIZATION FUTURE ROLLING MATURITY
For the years ending December 31, |  |  |  |
2023 (excluding the three months ended March 31, 2023) |  | $ | 1,815,342 |
2024 |  |  | 2,314,431 |
2025 |  |  | 2,314,431 |
2026 |  |  | 2,314,431 |
2027 |  |  | 2,314,431 |
Thereafter |  |  | 7,007,831 |
Total |  | $ | 18,080,897 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired intangible assets excluding goodwill. This may include a description of the facts and circumstances leading to the recording of impairment charges of intangible assets in the period, the amount of the impairment charges, the methods of determining fair value of the associated assets, the caption in the income statement in which the impairment losses are aggregated, and the segment in which the impaired intangible assets are reported. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-3 + Details
Name: | us-gaap_ScheduleOfImpairedIntangibleAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration