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Acquisitions and Dispositions (Tables)
12 Months Ended
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