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Business Combinations (Tables)

12 Months Ended

Dec. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Assets and Liabilities assumed

The total purchase consideration, including adjustment during the measurement period, was allocated to the assets acquired and liabilities assumed as set forth below:

Schedule of Assets and Liabilities assumed

		Amounts Recognized as of Acquisition Date (as previously reported)				Measurement Period Adjustments				Amounts Recognized as of Acquisition Date (as adjusted)
Purchase Consideration
Fair value of common shares issued		$	25,160,223			$	480,776			$	25,640,999
Payable to shareholder			100,000				(100,000	)			-
Fair value of contingent shares			8,684,669				165,957				8,850,626
Fair value of contingent warrants			1,747,972				33,402				1,781,374
Total fair value of consideration transferred		$	35,692,864			$	580,135			$	36,272,999
Identifiable assets acquired and liabilities assumed
Cash		$	1,196,243			$	-			$	1,196,243
Accounts receivable			31,170				-				31,170
Prepaid expenses and other current assets			70,321				-				70,321
Property and equipment			408,173				-				408,173
Technology - In-process research and development			26,101,000				-				26,101,000
Non-competition agreements			1,094,000				-				1,094,000
Accounts payable and accrued other expenses			(1,069,274	)			(101,593	)			(1,170,867	)
Deferred tax liability			(6,845,587	)			-				(6,845,587	)
Total identifiable net assets			20,986,046				(101,593	)			20,884,453
Goodwill			14,706,818				681,728				15,388,546
Total		$	35,692,864			$	580,135			$	36,272,999

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- References

No definition available.

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- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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