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GOODWILL AND INTANGIBLES, NET | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLES, NET | NOTE 6 – GOODWILL AND INTANGIBLES, NET The changes in the carrying amount of the Company’s goodwill were as follows: SCHEDULE OF CHANGES IN THE CARRYING AMOUNT OF THE GOODWILL
|  | Total |
Balance as of December 31, 2021 |  | $ | - |
Scendia Acquisition |  |  | 3,601,781 |
Balance as of December 31, 2022 |  |  | 3,601,781 |
Acquisitions |  |  | - |
Balance as of December 31, 2023 |  | $ | 3,601,781 |
The carrying values of the Company’s intangible assets were as follows for the periods presented: SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS
|  | December 31, 2023 |  |  | December 31, 2022 |
|  |  |  |  | Accumulated |  |  |  |  |  |  |  |  | Accumulated |  |  |  |
|  | Cost |  |  | Amortization |  |  | Net |  |  | Cost |  |  | Amortization |  |  | Net |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product Licenses |  | $ | 4,793,879 |  |  | $ | (1,342,626 | ) |  | $ | 3,451,253 |  |  | $ | 4,793,879 |  |  | $ | (980,583 | ) |  | $ | 3,813,296 |
Patents and Other IP |  |  | 38,570,549 |  |  |  | (3,181,186 | ) |  |  | 35,389,363 |  |  |  | 21,935,580 |  |  |  | (1,492,057 | ) |  |  | 20,443,523 |
Customer relationships and other |  |  | 7,947,332 |  |  |  | (1,861,887 | ) |  |  | 6,085,445 |  |  |  | 7,947,332 |  |  |  | (694,171 | ) |  |  | 7,253,161 |
Total |  | $ | 51,311,760 |  |  | $ | (6,385,699 | ) |  | $ | 44,926,061 |  |  | $ | 34,676,791 |  |  | $ | (3,166,811 | ) |  | $ | 31,509,980 |
As of December 31, 2023, the weighted-average amortization period for finite-lived intangible assets was 14.5 years. Amortization expense related to intangible assets was $3,218,888 and $1,963,299 for the year ended December 31, 2023 and 2022, respectively. The estimated remaining amortization expense as of December 31, 2023 for finite-lived intangible assets is as follows: SCHEDULE OF FUTURE AMORTIZATION EXPENSE
2024 |  | $ | 3,889,804 |
2025 |  |  | 3,889,804 |
2026 |  |  | 3,872,548 |
2027 |  |  | 3,758,696 |
2028 |  |  | 3,725,454 |
Thereafter |  |  | 25,789,755 |
Total |  | $ | 44,926,061 |
The Company has reviewed the carrying value of intangible assets and has determined there was no impairment during either of the years ended December 31, 2023 or 2022.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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