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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2022
ACQUISITIONS  
Purchase price allocation

Consideration given at fair value:

 

 

 

Note payable, net of discount

 

$374,018

 

Credit cards assumed

 

 

48,452

 

Preferred shares of TPT Strategic

 

 

3,206

 

 

 

$425,676

 

 

 

 

 

 

Assets acquired at fair value:

 

 

 

 

Working capital

 

$143,122

 

Property and equipment

 

 

2,170

 

Note receivable - related party

 

 

 271,179

 

Other assets

 

 

9,205

 

 

 

$425,676

 

condensed proforma

 

 

2022

 

 

2021

 

Revenue

 

$9,508,470

 

 

$12,640,858

 

Cost of Sales

 

 

7,104,877

 

 

 

9,621,530

 

Gross Profit

 

$2,403,593

 

 

$3,019,328

 

Expenses

 

 

(16,584,916 )

 

 

(9,802,625 )

Other income (expense)

 

 

(7,722,397 )

 

 

2,625,167

 

Net Loss

 

$(21,903,720 )

 

$(4,158,130 )

Loss per share

 

$(0.02 )

 

$(0.00 )