STRATEGIC INVESTMENTS AND BUSINESS COMBINATIONS (Tables)

6 Months Ended

Jun. 30, 2022

Medigap Healthcare Insurance Company [Member]

Business Acquisition [Line Items]

SCHEDULE OF ALLOCATION OF PURCHASE PRICE

The preliminary allocation of the purchase price in connection with the acquisition of Medigap was calculated as follows:

Description	Fair Value			Weighted Average Useful Life (Years)
Property, plant and equipment	$	20,666			5
Right-of-use asset		317,787
Trade names		340,000			15
Customer relationships		4,550,000			12
Technology		67,000			3
Backlog		210,000			1
Chargeback reserve		(1,484,473	)
Lease liability		(317,787	)
Goodwill		19,199,008			Indefinite
	$	22,902,201

SCHEDULE OF PRO FORMA INFORMATION RELATED TO ACQUISITION

	June 30,			June 30,
	2022			2021
Revenue	$	8,809,482		$	7,071,329
Net Income (Loss)	$	19,849,175		$	(1,796,767	)
Earnings (Loss) per common share, basic	$	0.75		$	(0.19	)
Earnings (Loss) per common share, diluted	$	(0.59	)	$	(0.19	)

Barra [Member]

Business Acquisition [Line Items]

SCHEDULE OF ALLOCATION OF PURCHASE PRICE

The preliminary allocation of the purchase price in connection with the acquisition of Barra was calculated as follows:

Description	Fair Value			Weighted Average Useful Life (Years)
Acquired accounts receivable	$	92,585
Property, plant and equipment		8,593			7
Right-of-use asset		122,984
Trade names		22,000			4
Customer relationships		550,000			10
Agency relationships		2,585,000			10
Developed technology		230,000			5
Lease liability		(122,984	)
Goodwill		4,236,822			Indefinite
	$	7,725,000

SCHEDULE OF PRO FORMA INFORMATION RELATED TO ACQUISITION

	June 30,			June 30,
	2022			2021
Revenue	$	8,990,529		$	5,364,335
Net Income (Loss)	$	20,070,124		$	(1,527,038	)
Earnings (Loss) per common share, basic	$	0.76		$	(0.16	)
Earnings (Loss) per common share, diluted	$	(0.58	)	$	(0.16	)