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BUSINESS COMBINATION (Tables)
12 Months Ended
Dec. 31, 2021
Schedule of supplemental unaudited pro forma combined financial information

 

 

December 31

 

 

December 31,

 

 

 

2021

 

 

2020

 

Revenue

 

$22,751,140

 

 

$9,887,567

 

Net Loss

 

$(18,163,543)

 

$(26,744,076 )

Loss per common share, basic and diluted

 

$(2.11 )

 

$(13.72 )
Novo Asset Purchase [Member]  
Schedule of supplemental unaudited pro forma combined financial information

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Revenue

 

$26,306,444

 

 

$11,524,129

 

Net Loss

 

$(15,178,909)

 

$(17,653,881)

Loss per common share, basic and diluted

 

$(1.76)

 

$(9.06)
Schedule of estimated fair value of assets acquired and liabilities assumed

Accounts receivable

 

$762,000

 

Prepaid Assets

 

 

55,000

 

Intangible Assets

 

 

2,062,296

 

Goodwill

 

 

4,661,317

 

Assumed Liabilities

 

 

(423,188)

Total Purchase Price

 

$7,117,425

 

Scouted Asset Purchase [Member]  
Schedule of estimated fair value of assets acquired and liabilities assumed

Sales and client relationships and contracts

 

$1,382,076

 

Intellectual property

 

 

98,721

 

Domains

 

 

18,000

 

Goodwill

 

 

306,386

 

Total Purchase Price

 

$1,805,183

 

Upsider Asset Purchase [Member]  
Schedule of estimated fair value of assets acquired and liabilities assumed

Sales and client relationships and contracts

 

$3,130,773

 

Intellectual property

 

 

156,539

 

Domains

 

 

4,600

 

Goodwill

 

 

736,525

 

Accounts payable

 

 

(89,089 )

Total Purchase Price

 

$3,939,348

 

One Wire Asset Purchase [Member]  
Schedule of estimated fair value of assets acquired and liabilities assumed

Cash

 

$54,868

 

Accounts receivable

 

 

165,285

 

Sales and client relationships and contracts

 

 

760,852

 

Intellectual property

 

 

121,700

 

Domains

 

 

10,152

 

Goodwill

 

 

369,671

 

Total Purchase Price

 

$1,482,528

 

Parrut Asset Purchase [Member]  
Schedule of supplemental unaudited pro forma combined financial information

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Revenue

 

$23,017,512

 

 

$9,250,859

 

Net Loss

 

$(17,093,361)

 

$(17,940,402)

Loss per common share, basic and diluted

 

$(1.99)

 

$(9.20)
Schedule of estimated fair value of assets acquired and liabilities assumed

Cash

 

$10,702

 

Accounts receivable

 

 

17,720

 

Prepaid Assets

 

 

11,910

 

Intangible Assets

 

 

3,941,266

 

Goodwill

 

 

657,953

 

Total Purchase Price

 

$

4,639,551