XML 62 R45.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Business Acquisition (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Apr. 01, 2022
Mar. 31, 2022
Jun. 30, 2022
Dec. 31, 2023
Dec. 31, 2022
Business Acquisition (Details) [Line Items]          
Change in fair market value     $ 240,000    
Contingent consideration     $ 1,700,000    
Impairment on intangible       $ 2,624,458 $ 1,767,936
Excess purchase price       $ 50,469  
Lease payments $ 31,057        
Interest expense rate       38.70%  
Amortization of discount expenses       $ 143,453 146,073
Sale of stock price per share (in Dollars per share)       $ 2  
Cash payment rate       50.00%  
Payment of common stock rate       90.00%  
Purchase price changes during measurement period       $ 723,468  
Contingent consideration       126,000  
Contingent consideration       7,045,936  
Goodwill and intangible assets       6,473,310  
Gain amount       268,376  
PURO Lighting, LLC [Member]          
Business Acquisition (Details) [Line Items]          
Contingent consideration       0  
LED Supply Co, LLC [Member]          
Business Acquisition (Details) [Line Items]          
Contingent consideration       0  
Minimum [Member]          
Business Acquisition (Details) [Line Items]          
Contingent consideration of goodwill       332,357  
Maximum [Member]          
Business Acquisition (Details) [Line Items]          
Contingent consideration of goodwill       597,468  
Other Intangible Assets [Member]          
Business Acquisition (Details) [Line Items]          
Impairment on intangible         $ 5,854,872
Goodwill [Member]          
Business Acquisition (Details) [Line Items]          
Goodwill impairment charge   $ 1,138,203      
Old SAM Partners, LLC [Member]          
Business Acquisition (Details) [Line Items]          
Shares issued (in Shares)   80,000      
PURO Lighting, LLC [Member]          
Business Acquisition (Details) [Line Items]          
Excess purchase price       $ 5,606,915  
Description of business acquisition       (i) 19,978 shares of the Company’s common stock, (ii) 251,108 shares of the Company’s 5% Series C Cumulative Perpetual Preferred Stock, par value $0.0001 per share (“Series C Preferred Stock”) (iii) cash of $3,828,702 and (iv) 1,250,000 shares of the Company’s 2% Series B Cumulative Perpetual Preferred Stock (the “Series B Preferred Stock”). In addition, the seller has the right to receive earnout payments subject to certain conditions, including achieving certain revenue targets and gross profit margins and payable as set forth in the PURO Merger Agreement.  
Series of Individually Immaterial Business Acquisitions [Member]          
Business Acquisition (Details) [Line Items]          
Price per share (in Dollars per share)       $ 2  
PURO Equityholder [Member]          
Business Acquisition (Details) [Line Items]          
Price per share (in Dollars per share)       $ 2  
Business days       10 days  
Payment of common stock rate       50.00%  
LED Supply Co, LLC [Member]          
Business Acquisition (Details) [Line Items]          
Excess purchase price       $ 7,550,418  
Description of business acquisition       (i) 11,023 shares of the Company’s common stock; (ii) 148,888 shares of Series C Preferred Stock; and (iii) cash of $286,742. In addition, the seller has the right to receive earnout payments subject to certain conditions, including achieving certain revenue targets and gross profit margins and payable as set forth in the LED Merger Agreement.