GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF IMPAIRMENT OF GOODWILL

	Goodwill
December 31, 2020	$	8,761,725
Goodwill recognized in connection with Kush acquisition on May 1, 2021	$	1,288,552
December 31, 2021	$	10,050,277
Goodwill recognized in connection with Medigap acquisition on January 10, 2022	$	19,199,008
Goodwill recognized in connection with Barra acquisition on April 26, 2022		4,236,822
June 30, 2022	$	33,486,107

SCHEDULE OF INTANGIBLE ASSETS AND WEIGHTED-AVERAGE REMAINING AMORTIZATION PERIOD

The following table sets forth the major categories of the Company’s intangible assets and the weighted-average remaining amortization period as of June 30, 2022:

	Weighted Average Remaining Amortization period (Years)		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Trade name and trademarks		4.9	$	2,142,858	$	(804,020	)	$	1,338,838
Internally developed software		4.5		1,326,158		(131,655	)		1,194,503
Customer relationships		9.53		11,922,290		(1,517,174	)		10,405,116
Purchased software		-		562,327		(562,327	)		-
Video Production Assets		0.6		50,000		(23,242	)		26,758
Non-competition agreements		2.4		3,504,810		(1,827,590	)		1,677,220
Contracts Backlog		0.5		210,000		(100,684	)		109,316
			$	19,718,443	$	(4,966,692	)	$	14,751,751

The following table sets forth the major categories of the Company’s intangible assets and the weighted-average remaining amortization period as of December 31, 2021:

	Weighted Average Remaining Amortization period (Years)		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Trade name and trademarks		3.5	$	1,777,475	$	(609,822	)	$	1,167,653
Internally developed software		4.7		595,351		(28,443	)		566,908
Customer relationships		7.7		4,237,290		(1,048,726	)		3,188,564
Purchased software		0.6		562,327		(452,985	)		109,342
Video Production Assets		1.0		20,000		-			20,000
Non-competition agreements		2.9		3,504,809		(1,478,376	)		2,026,433
			$	10,697,252	$	(3,618,352	)	$	7,078,900

SCHEDULE OF AMORTIZATION EXPENSE OF ACQUIRED INTANGIBLES ASSETS

The following table reflects expected amortization expense as of June 30, 2022, for each of the following five years and thereafter:

Years ending December 31,	Amortization Expense
2022 (remainder of year)	$	1,374,512
2023		2,461,552
2024		2,083,450
2025		1,703,824
2026		1,463,747
Thereafter		5,664,666
Total	$	14,751,751