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DEBT OBLIGATIONS (Tables)
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
SUMMARY OF DEBT OBLIGATIONS

Debt obligations is comprised of the following:

 

  

September 30,

2023

  

December 31,

2022

 
Economic injury disaster loan (EIDL)  $150,000   $150,000 
Convertible note payable, net of unamortized debt discount of $1,014,091   1,860,909    — 
Contingent consideration promissory note – Nobility Healthcare Division Acquisition   194,477    388,955 
Contingent consideration promissory note – Nobility Healthcare Division Acquisition   87,348    176,456 
Contingent consideration promissory note – Nobility Healthcare Division Acquisition   —    208,083 
Contingent consideration promissory note – Nobility Healthcare Division Acquisition   —    4,346 
Commercial Extension of Credit – Entertainment Segment   68,135    — 
Debt obligations   2,360,869    927,840 
Less: current maturities of debt obligations   2,213,148    485,373 
Debt obligations, long-term  $147,721   $442,467 
SCHEDULE OF MATURITY OF DEBT OBLIGATIONS

Debt obligations mature as follows as of September 30, 2023:

 

   September 30, 2023 
2023 (October 1, 2023 to December 31, 2023)  $164,295 
2024   3,066,170 
2025   3,412 
2026   3,542 
2027 and thereafter   137,541 
      
Total  $3,374,960 
SCHEDULE OF WARRANT TO PURCHASE COMMON STOCK GRANTED

   Terms at
April 5, 2023
(issuance date)		 
Volatility - range   106.0%
Risk-free rate   3.36%
Dividend   0%
Remaining contractual term   5.0 years 
Exercise price  $5.50 – 7.50 
Common stock issuable under the warrants   1,125,000 
SUMMARY OF CONVERTIBLE NOTE ACTIVITY

Following is a summary of activity relative to the Convertible Note for the nine months ended September 30, 2023:

 

   Amount 
     
Balance, December 31, 2022  $— 
Convertible Note, at par   3,000,000 
Conversion of convertible note into common stock   (125,000)
Principal payments   — 
Unamortized debt discount   (1,014,091)
      
Balance, September 30, 2023  $1,860,909