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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Basic and diluted net loss per share

		December 31,
		2020				2019
Numerator for basic and diluted net loss per share:
Net loss attributable to Sanara MedTech common shareholders		$	(4,356,440	)		$	(2,814,088	)
Denominator for basic and diluted net loss per share:
Weighted average shares used to compute diluted net loss per share			5,734,537				2,132,745
Basic and diluted net loss per share attributable to common shareholders		$	(0.76	)		$	(1.32	)

Anti-dilutive securities

		As of December 31,
		2020				2019
Stock options			11,500				11,500
Convertible debt			-				178,173
Preferred shares			-				2,273,630
Unvested restricted stock			170,178				-

Disaggregation of revenue

		Year Ended
		December 31,
		2020				2019
Product sales revenue		$	15,385,976			$	11,607,638
Royalty revenue			201,000				159,125
Total Revenue		$	15,586,976			$	11,766,763

Property and equipment

		December 31,				December 31,
		2020				2019
Computers		$	87,252			$	87,310
Office equipment			22,597				22,312
Furniture and fixtures			205,871				153,995
Leasehold improvements			2,030				2,030
Capitalized software development costs			485,530				-
			803,280				265,647
Less accumulated depreciation			(124,691	)			(60,694	)
Property and equipment, net		$	678,589			$	204,953

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