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APPLIED ASSET PURCHASE (Tables)
9 Months Ended
Sep. 30, 2023
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PURCHASE CONSIDERATION ON FAIR VALUE OF ASSETS ACQUIRED

  

      
Balance at December 31, 2022  $7,166,691 
Additions   893,000 
Changes in fair value of earnout liabilities   (1,494,910)
Settlements   (692,795)
Balance at September 30, 2023  $5,871,986 
Applied Asset Purchase [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PURCHASE CONSIDERATION

The total purchase consideration for the Applied Asset Purchase as determined by the Company was as follows:

Consideration  Equity Shares   Dollar Value 
Cash Closing Consideration       $9,750,000 
Fair value of Stock Closing Consideration   73,809    3,089,645 
Fair value of Installment Payments        2,040,808 
Cash paid for inventory        30,007 
Fair value of Petito Services Agreement defined payments        825,834 
Fair value of Petito Services Agreement contingent consideration        893,000 
Direct transaction costs        162,743 
Total purchase consideration       $16,792,037 
SCHEDULE OF PURCHASE CONSIDERATION ON FAIR VALUE OF ASSETS ACQUIRED

  

Description  Amount 
Inventory  $30,007 
Equipment   33,062 
Intellectual property   16,728,968 
Net assets acquired  $16,792,037