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DISCONTINUED OPERATIONS AND DECONSOLIDATION OF I.AM (Tables)
 12 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of assets and liabilities included as part of discontinued operations

The following tables summarize the major classes of assets and liabilities included as part of discontinued operations as of December 31, 2019:

 

    December 31, 2019  
Current assets        
Cash and cash equivalents   $ 5,170  
Accounts receivable     83,885  
Inventories, net     60,341  
Prepaid expenses and other current assets     131,956  
Total current assets classified as held for sale     281,352  
         
Property and equipment, net     504,802  
Right-of-use assets     1,098,466  
Total assets classified as held for sale   $ 1,884,620  
         
Current liabilities        
Accounts payable and accrued expenses   $ 881,601  
Operating lease liability, current     229,574  
Other current liabilities     482,375  
Total current liabilities classified as held for sale     1,593,550  
         
Long term liabilities        
Operating lease liability, non-current     951,072  
Total liabilities classified as held for sale   $ 2,544,622  
Schedule of major classes of loss from discontinued operations

The restaurant operations are included in our results as discontinued operations through March 16, 2020, the date of closing of the restaurants. The following tables summarize the major classes of line items included in loss from discontinued operations:

 

    For the Year Ended  
    December 31,  
    2020     2019  
Revenue   $ 543,327     $ 4,149,646  
Cost of revenue     (160,310 )     (1,149,645 )
Selling and marketing     —       (221,813 )
General and administrative     (555,445 )     (4,146,815 )
Impairment of property and equipment and right-of-use assets     (1,525,316 )     —  
Impairment of Impairment of intangible assets     —       (610,000 )
Impairment of goodwill     —       (265,252 )
Gain on deconsolidation of I.AM     2,358,992       —  
Interest expense     —       (789 )
Income (loss) from discontinued operations   $ 661,248     $ (2,244,668 )