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COMMITMENTS AND CONTINGENCIES | 6 Months Ended
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Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract] |
COMMITMENTS AND CONTINGENCIES | NOTE 9. COMMITMENTS AND CONTINGENCIES Legal Contingencies The Company is subject to various legal proceedings and claims, either asserted or unasserted, arising in the ordinary course of business. While the outcome of these claims cannot be predicted with certainty, management does not believe the outcome of any of these matters will have a material adverse effect on our business, financial position, results of operations, or cash flows, and accordingly, no legal contingencies are accrued as of June 30, 2022 and December 31, 2021. Litigation relating to the insurance brokerage industry is not uncommon. As such the Company, from time to time have been, subject to such litigation. No assurances can be given with respect to the extent or outcome of any such litigation in the future. Earn-out liabilities The following outlines changes to the Company’s earn-out liability balances inclusive of accumulated accretion for the respective period ended June 30, 2022 and December 31, 2021: SCHEDULE OF EARN-OUT LIABILITY
|  | CCS |  |  | Fortman |  |  | Montana |  |  | Altruis |  |  | Kush |  |  | Barra |  |  | Total |
Ending balance December 31, 2021 |  | $ | - |  |  | $ | 515,308 |  |  | $ | 615,969 |  |  | $ | 992,868 |  |  | $ | 1,689,733 |  |  | $ | - |  |  | $ | 3,813,878 |
Changes due to acquisitions |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 600,000 |  |  |  | 600,000 |
Changes due to payments |  |  |  |  |  |  |  |  |  |  | (326,935 | ) |  |  | (84,473 | ) |  |  |  |  |  |  |  |  |  |  | (411,408 | )
Changes due to fair value adjustments |  |  | - |  |  |  | 32,620 |  |  |  | 37,741 |  |  |  | - |  |  |  | 334,602 |  |  |  | (50,000 | ) |  |  | 354,963 |
Ending balance June 30, 2022 |  | $ | - |  |  | $ | 547,928 |  |  | $ | 326,775 |  |  | $ | 908,395 |  |  | $ | 2,024,335 |  |  | $ | 550,000 |  |  | $ | 4,357,433 |
|  | CCS |  |  | Fortman |  |  | Montana |  |  | Altruis |  |  | Kush |  |  | Total |
Ending balance December 31, 2020 |  | $ | 81,368 |  |  | $ | 432,655 |  |  | $ | 522,553 |  |  | $ | 1,894,842 |  |  | $ | - |  |  | $ | 2,931,418 |
Changes due to business combinations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,694,166 |  |  |  | 1,694,166 |
Changes due to payments |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (452,236 | ) |  |  | - |  |  |  | (452,236 | )
Changes due to fair value adjustments |  |  | - |  |  |  | 82,653 |  |  |  | 93,416 |  |  |  | (449,738 | ) |  |  | (4,433 | ) |  |  | (278,102 | )
Changes due to write-offs |  |  | (81,368 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (81,368 | )
Ending balance December 31, 2021 |  | $ | - |  |  | $ | 515,308 |  |  | $ | 615,969 |  |  | $ | 992,868 |  |  | $ | 1,689,733 |  |  | $ | 3,813,878 |

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