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DIGITAL ALLY HEALTHCARE VENTURE (Tables)
 6 Months Ended
Jun. 30, 2022
Healthcare Acquisition [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PRELIMINARY FAIR VALUE OF ASSETS ACQUIRED AND LIABILITIES ACQUISITION

 

           
  

Purchase price allocation

 
Description 

Preliminary

as allocated
June 30, 2021		  

 

Final

as allocated
June 30, 2022		 
Assets acquired:          
Tangible assets acquired, consisting of acquired cash, accounts receivable and right of use asset  $174,351   $174,351 
Intangible assets acquired – client agreements   —    457,079 
Goodwill   1,125,000    667,921 
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    77,158 
Net assets acquired and liabilities assumed  $1,376,509   $1,376,509 
Consideration:          
Cash paid at Healthcare Acquisition date  $1,026,509   $1,026,509 
Contingent consideration earn-out agreement   350,000    350,000 
           
Total Healthcare Acquisition purchase price  $1,376,509   $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