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DIGITAL ALLY HEALTHCARE VENTURE (Tables)
3 Months Ended
Mar. 31, 2022
Healthcare Acquisition [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PRELIMINARY FAIR VALUE OF ASSETS ACQUIRED AND LIABILITIES ACQUISITION

 

Description  Amount 
Assets acquired:     
Tangible assets acquired, consisting of acquired cash, accounts receivable and right of use asset  $174,351 
Goodwill   1,125,000 
Liabilities assumed consisting of a promissory note issued by the selling shareholders which was paid off at closing, net of lease liability assumed   77,158 
Total assets acquired and liabilities assumed  $1,376,509 
Consideration:     
Cash paid at Healthcare Acquisition date  $1,026,509 
Contingent consideration promissory note   350,000 
      
Total Healthcare Acquisition purchase price  $1,376,509 
Medical Billing Acquisition [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PRELIMINARY FAIR VALUE OF ASSETS ACQUIRED AND LIABILITIES ACQUISITION

 

Description  Amount 
Assets acquired:     
Tangible assets acquired  $401,547 
Goodwill   2,920,000 
Liabilities assumed pursuant to stock purchase agreement   (401,547)
Total assets acquired and liabilities assumed  $2,920,000 
Consideration:     
Cash paid at acquisition date  $2,270,000 
Contingent consideration promissory note   650,000 
      
Total acquisition purchase price  $2,920,000 
Medical Billing Acquisition One [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PRELIMINARY FAIR VALUE OF ASSETS ACQUIRED AND LIABILITIES ACQUISITION

 

Description  Amount 
Assets acquired:     
Tangible assets acquired  $190,631 
Goodwill   2,100,000 
Liabilities assumed pursuant to stock purchase agreement   (387,005)
Total assets acquired and liabilities assumed  $1,903,626 
Consideration:     
Cash paid at acquisition date  $1,153,626 
Contingent consideration promissory note   750,000 
      
Total acquisition purchase price  $1,903,626 
Medical Billing Acquisition Two [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PRELIMINARY FAIR VALUE OF ASSETS ACQUIRED AND LIABILITIES ACQUISITION

 

Description  Amount 
Assets acquired:     
Intangible assets acquired – Client Agreements  $335,000 
Total assets acquired and liabilities assumed  $335,000 
Consideration:     
Cash paid at acquisition date  $230,000 
Contingent consideration promissory note   105,000 
      
Total acquisition purchase price  $335,000