Acquisition of GameIQ (Tables)

6 Months Ended

Jun. 30, 2022

Business Acquisition [Line Items]

Schedule of Fair Value of Assets Acquired and Liabilities Assumed

The following is a provisional allocation of the purchase price as determined by the Company’s management. The Company determined that the entire purchase price be allocated to acquired software and technology. The following table summarizes the assets acquired, liabilities assumed and provisional purchase price allocation:

	Fair Value
Consideration paid:
Notes payable	$	140,914
Government assistance note payable and accrued interest (EIDL)		15,400
Common stock (600,000 shares of common stock at $0.50 per share)		300,000
Total consideration paid	$	456,314
Provisional Purchase price allocation
Acquired assets (cash)	$	12,805
Acquired software and technology		443,509
Total purchase price	$	456,314

Schedule of Finite-Lived Intangible Assets

	Assigned Life	June 30, 2022
Intangible Assets
Acquired software and technology	24 months		443,509
			443,509
Accumulated amortization			(49,524	)
Total acquired software and technology, net of amortization		$	393,985

Schedule of Future Amortization Expense

Year Ending	Amortization
2022 (remaining)	$	135,271
2023		221,754
2024		36,959
Total	$	393,985

Schedule of Pro Forma Statements of Operations

	Six Month Ended June 30,
	2022			2021
	(Proforma, unaudited)			(Proforma, unaudited)
Revenues	$	2,575,506		$	1,610,648
Operating expenses
Direct cost of revenues		599,194			213,221
Selling, general and administrative expenses		2,929,516			5,223,794
Amortization of intangible assets		24,762			484,574
Total operating expenses		3,553,472			5,921,589
Loss from operations		(977,966	)		(4,310,941	)
Other income
Other income		1,067,429			573,443
Total Other income		1,067,429			573,443
Net income (loss)	$	89,463		$	(3,737,498	)

GameIQ Acquisition Corp., Inc [Member]

Business Acquisition [Line Items]

Schedule of Provisions of Operations Subsequent Acquisitions

Pursuant to the provisions of ASC 805, the following results of operations of GameIQ subsequent to the acquisitions are as follows:

	March 1, 2022 to June 30, 2022
	(unaudited)
Revenues	$	8,465
Direct cost of revenues		(11,330	)
Selling, general and administrative expense		(13,620	)
Net loss	$	(16,485	)