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Acquisitions and Dispositions (Tables) | 12 Months Ended
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Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract] |
Schedule of Fair Value of Assets Assumed and Liabilities Acquired | The allocation of the purchase price was completed on December 31, 2020 through the assistance of a valuation specialist. The following table summarizes the assets acquired, liabilities assumed and purchase price allocation:
|  | Fair Value |
Consideration paid: |  |  |  |
Cash obligation |  | $ | 439,724 |
Note payable |  |  | 1,500,000 |
Common stock (363,889 shares of common stock valued at $1.33 per share) |  |  | 483,972 |
Total consideration paid |  | $ | 2,423,696 |
Purchase price allocation |  |  |  |
Acquired assets |  | $ | 509,666 |
Goodwill |  |  | 334,000 |
Intangible assets |  |  | 1,580,030 |
Total purchase price |  | $ | 2,423,696 |
Schedule of Finite-Lived Intangible Assets | The following table summarizes the intangible assets acquired, as of December 31, 2020, all of which were fully amortized and/or written-off as impaired as of December 31, 2021.
|  | Assigned Life |  |  | December 31, 2020 |
Customer relationships |  |  | 24 months |  |  | $ | 590,000 |
Restaurant relationships |  |  | 24 months |  |  |  | 470,000 |
Developed technology |  |  | 24 months |  |  |  | 380,000 |
Brand name |  |  | Indefinite |  |  |  | 140,030 |
|  |  |  |  |  |  | 1,580,030 |
Accumulated amortization |  |  |  |  |  |  | (720,000 | )
Intangible assets, net |  |  |  |  |  | $ | 860,030 |
Schedule of Pro Forma Statements of Operations |
Revenues |  | $ | 4,081,000 |
Net loss |  | $ | (3,328,000 | )
Net loss per share - basic and diluted |  | $ | (0.53 | )
Weighted average common shares outstanding – basic and diluted |  |  | 6,243,695 |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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