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SEGMENT REPORTING (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
SCHEDULE OF OPERATIONS, ASSETS AND CAPITAL EXPENDITURES FOR OUR BUSINESS SEGMENTS | The following table reflects results of operations including significant segment expenses that are regularly provided to the CODM for the Company’s reportable segment and Adjusted EBITDA for the periods indicated below: SCHEDULE OF OPERATIONS, ASSETS AND CAPITAL EXPENDITURES FOR OUR BUSINESS SEGMENTS
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net revenue |  | $ | 26,333,819 |  |  | $ | 21,671,599 |  |  | $ | 75,572,167 |  |  | $ | 60,367,060 |
Cost of goods sold |  |  | 1,874,214 |  |  |  | 1,991,987 |  |  |  | 5,646,463 |  |  |  | 5,890,719 |
Selling, general and administrative |  |  | 19,877,875 |  |  |  | 17,420,347 |  |  |  | 58,641,402 |  |  |  | 51,453,311 |
Research and development |  |  | 1,029,591 |  |  |  | 783,840 |  |  |  | 3,036,746 |  |  |  | 1,945,263 |
Depreciation and amortization |  |  | 610,899 |  |  |  | 696,888 |  |  |  | 1,993,477 |  |  |  | 2,093,797 |
Change in fair value of earnout liabilities |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (14,451 | )
Other expense (1) |  |  | 2,106,747 |  |  |  | 959,025 |  |  |  | 5,539,893 |  |  |  | 1,870,707 |
Net income (loss) from continuing operations |  | $ | 834,493 |  |  | $ | (180,488 | ) |  | $ | 714,186 |  |  | $ | (2,872,286 | )
Adjusted EBITDA |  | $ | 4,908,257 |  |  | $ | 2,563,521 |  |  | $ | 12,323,142 |  |  | $ | 5,095,670 |
| (1) | For the three and nine months ended September 30, 2025 and 2024, other expense included interest expense and share of losses from equity method investments, offset by interest income and gain on disposal of property and equipment.
SCHEDULE OF RECONCILIATION OF NET INCOME (LOSS) FROM CONTINUING OPERATIONS TO ADJUSTED EBITDA | The following table provides a reconciliation of net income (loss) from continuing operations to Adjusted EBITDA for the periods indicated below: SCHEDULE OF RECONCILIATION OF NET INCOME (LOSS) FROM CONTINUING OPERATIONS TO ADJUSTED EBITDA
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net income (loss) from continuing operations |  | $ | 834,493 |  |  | $ | (180,488 | ) |  | $ | 714,186 |  |  | $ | (2,872,286 | )
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 1,818,105 |  |  |  | 927,577 |  |  |  | 4,926,765 |  |  |  | 1,839,259 |
Depreciation and amortization |  |  | 610,899 |  |  |  | 696,888 |  |  |  | 1,993,477 |  |  |  | 2,093,797 |
Noncash share-based compensation |  |  | 1,164,070 |  |  |  | 1,003,599 |  |  |  | 3,618,437 |  |  |  | 2,803,536 |
Change in fair value of earnout liabilities |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (14,451 | )
Share of losses from equity method investments |  |  | 288,642 |  |  |  | 31,448 |  |  |  | 627,732 |  |  |  | 31,448 |
Gain on disposal of property and equipment |  |  | - |  |  |  | - |  |  |  | (10,932 | ) |  |  | - |
Interest income |  |  | - |  |  |  | - |  |  |  | (3,672 | ) |  |  | - |
Executive separation costs (1) |  |  | 172,048 |  |  |  | 59,685 |  |  |  | 432,323 |  |  |  | 964,466 |
Acquisition costs (2) |  |  | 20,000 |  |  |  | 24,812 |  |  |  | 24,826 |  |  |  | 249,901 |
Adjusted EBITDA |  | $ | 4,908,257 |  |  | $ | 2,563,521 |  |  | $ | 12,323,142 |  |  | $ | 5,095,670 |
| (1) | Includes $41,948 and zero of share-based compensation related to executive separation costs for the three months ended September 30, 2025 and 2024, respectively, and $172,122 and $328,795 of share-based compensation related to executive separation costs for the nine months ended September 30, 2025 and 2024, respectively.
| (2) | Acquisition costs include legal, tax, accounting and other contract services related to prospective acquisitions.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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