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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Assets and Liabilities assumed

The fair value of assets acquired and liabilities assumed was based on a preliminary valuation, and our estimates and assumptions are subject to change within the measurement period. The primary area that remains preliminary relates to the evaluation of certain tax-related items and potential minor adjustments to the purchase consideration. The total purchase consideration was allocated to the assets acquired and liabilities assumed as set forth below:

 

Fair value of common shares issued  $25,160,223 
Payable to shareholder   100,000 
Fair value of contingent shares   8,684,669 
Fair value of contingent warrants   1,747,972 
Total fair value of consideration transferred  $35,692,864 
      
Identifiable assets acquired and liabilities assumed     
Cash  $1,196,243 
Accounts receivable   31,170 
Prepaid expenses and other current assets   70,321 
Property and equipment   408,173 
Technology - In-process research and development   26,101,000 
Non-competition agreements   1,094,000 
Accounts payable and accrued other expenses   (1,069,274)
Deferred tax liability   (6,845,587)
Total identifiable net assets   20,986,046 
Goodwill   14,706,818 
Total  $35,692,864