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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 9 Months Ended
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Sep. 30, 2022
Accounting Policies [Abstract] |
SCHEDULE OF COMPUTATION OF DILUTED NET LOSS PER SHARE | The following table summarizes the shares of common stock that were potentially issuable but were excluded from the computation of diluted net loss per share for the nine months ended September 30, 2022 and 2021 as such shares would have had an anti-dilutive effect: SCHEDULE OF COMPUTATION OF DILUTED NET LOSS PER SHARE
|  | 2022 |  |  | 2021 |
|  | As of September 30, |
|  | 2022 |  |  | 2021 |
Stock options (a) |  |  | 155,691 |  |  |  | 11,500 |
Warrants (b) |  |  | 16,725 |  |  |  | - |
Unvested restricted stock |  |  | 192,215 |  |  |  | 111,590 |
Anti-dilutive securities |  |  | 192,215 |  |  |  | 111,590 |
(a) | Includes 144,191 stock options assumed pursuant to the merger agreement with Precision Healing Inc. (“Precision Healing”) in April 2022. See Note 4 for more information regarding the Precision Healing merger.
(b) | Warrants assumed pursuant to the merger agreement with Precision Healing in April 2022. See Note 4 for more information regarding the Precision Healing merger.
SCHEDULE OF REVENUE FROM PRODUCT SALES AND ROYALTIES | Revenue streams from product sales and royalties are summarized below for the three and nine months ended September 30, 2022 and 2021. SCHEDULE OF REVENUE FROM PRODUCT SALES AND ROYALTIES
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Product sales revenue |  | $ | 12,994,321 |  |  | $ | 5,773,692 |  |  | $ | 30,375,822 |  |  | $ | 16,959,761 |
Royalty revenue |  |  | 50,250 |  |  |  | 50,250 |  |  |  | 150,750 |  |  |  | 150,750 |
Total Net Revenue |  | $ | 13,044,571 |  |  | $ | 5,823,942 |  |  | $ | 30,526,572 |  |  | $ | 17,110,511 |
SCHEDULE OF PROPERTY AND EQUIPMENT | SCHEDULE OF PROPERTY AND EQUIPMENT
|  | Useful |  |  | September 30, |  |  | December 31, |
|  | Life |  |  | 2022 |  |  | 2021 |
Computers |  |  | 3-5 years |  |  | $ | 156,510 |  |  | $ | 104,568 |
Office equipment |  |  | 3-5 years |  |  |  | 50,214 |  |  |  | 21,731 |
Furniture and fixtures |  |  | 5-10 years |  |  |  | 258,414 |  |  |  | 221,565 |
Leasehold improvements |  |  | 2-5 years |  |  |  | 19,631 |  |  |  | 2,030 |
Internal use software |  |  | 5 years |  |  |  | 1,618,999 |  |  |  | 1,622,525 |
Property and equipment, gross |  |  |  |  |  |  | 2,103,768 |  |  |  | 1,972,419 |
Less accumulated depreciation |  |  |  |  |  |  | (633,168 | ) |  |  | (342,574 | )
Property and equipment, net |  |  |  |  |  | $ | 1,470,600 |  |  | $ | 1,629,845 |
SCHEDULE OF PRIOR PERIOD ADJUSTMENTS | The effects of these adjustments were as follows for the three- and six-month periods ended June 30, 2022: SCHEDULE OF PRIOR PERIOD ADJUSTMENTS
|  | As Reported |  |  | Adjustment |  |  | As Restated |  |  | As Reported |  |  | Adjustment |  |  | As Restated |
|  | Three Months Ended June 30, 2022 |  |  | Six Months Ended June 30, 2022 |
|  | As Reported |  |  | Adjustment |  |  | As Adjusted |  |  | As Reported |  |  | Adjustment |  |  | As Adjusted |
Operating loss |  | $ | (3,194,469 | ) |  | $ | (127,096 | ) |  | $ | (3,321,565 | ) |  | $ | (5,971,341 | ) |  | $ | (127,096 | ) |  | $ | (6,098,437 | )
Income tax benefit |  | $ | - |  |  | $ | 4,141,906 |  |  | $ | 4,141,906 |  |  | $ | - |  |  | $ | 4,141,906 |  |  | $ | 4,141,906 |
Net income (loss) |  | $ | (3,257,896 | ) |  | $ | 4,014,810 |  |  | $ | 756,914 |  |  | $ | (6,414,401 | ) |  | $ | 4,014,810 |  |  | $ | (2,399,591 | )
Net income (loss) per share of common stock, basic |  | $ | (0.42 | ) |  | $ | 0.52 |  |  | $ | 0.10 |  |  | $ | (0.83 | ) |  | $ | 0.52 |  |  | $ | (0.31 | )
Net income (loss) per share of common stock, diluted |  | $ | (0.42 | ) |  | $ | 0.51 |  |  | $ | 0.09 |  |  | $ | (0.83 | ) |  | $ | 0.52 |  |  | $ | (0.31 | )

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