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GOODWILL AND INTANGIBLES, NET (Tables)
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF CHANGES IN THE CARRYING AMOUNT OF THE GOODWILL

The changes in the carrying amount of the Company’s goodwill were as follows:

 

   Total 
Balance as of December 31, 2022  $3,601,781 
Acquisitions   - 
Balance as of December 31, 2023   3,601,781 
Acquisitions   - 
Balance as of June 30, 2024  $3,601,781 
SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS

The carrying values of the Company’s intangible assets were as follows for the periods presented:

 

   June 30, 2024   December 31, 2023 
       Accumulated           Accumulated     
   Cost   Amortization   Net   Cost   Amortization   Net 
Amortizable Intangible Assets:                              
Product Licenses  $4,793,879   $(1,535,647)  $3,258,232   $4,793,879   $(1,342,626)  $3,451,253 
Patents and Other IP   38,566,549    (4,348,964)   34,217,585    38,570,549    (3,181,186)   35,389,363 
Customer relationships and other   7,947,332    (2,445,745)   5,501,587    7,947,332    (1,861,887)   6,085,445 
Total  $51,307,760   $(8,330,356)  $42,977,404   $51,311,760   $(6,385,699)  $44,926,061 
SCHEDULE OF FUTURE AMORTIZATION EXPENSE

 

      
Remainder of 2024  $1,944,768 
2025   3,889,537 
2026   3,872,281 
2027   3,758,429 
2028   3,725,187 
2029   3,725,187 
Thereafter   22,062,015 
Total  $42,977,404