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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
SCHEDULE OF COMPUTATION OF DILUTED NET LOSS PER SHARE

The following table summarizes the shares of common stock that were potentially issuable but were excluded from the computation of diluted net loss per share for the three and six months ended June 30, 2022 and 2021 as such shares would have had an anti-dilutive effect:

   2022   2021 
   As of June 30, 
   2022   2021 
         
Stock options (a)   155,691    11,500 
Warrants (b)   16,725    - 
Unvested restricted stock   199,136    115,719 

 

  (a) Includes 144,191 stock options assumed pursuant to the merger agreement with Precision Healing, Inc. (“Precision Healing”) in April 2022. See Note 10 for more information regarding the Precision Healing merger.
     
  (b) Warrants assumed pursuant to the merger agreement with Precision Healing in April 2022. See Note 10 for more information regarding the Precision Healing merger.
SCHEDULE OF REVENUE FROM PRODUCT SALES AND ROYALTIES

Revenue streams from product sales and royalties are summarized below for the six months ended June 30, 2022 and 2021. All revenue was generated in the United States; therefore, no geographical disaggregation was necessary.

 

   2022   2021 
   Six Months Ended 
   June 30, 
   2022   2021 
Product sales revenue  $17,381,501   $11,186,069 
Royalty revenue   100,500    100,500 
Total Net Revenue  $17,482,001   $11,286,569 
SCHEDULE OF PROPERTY AND EQUIPMENT

   Useful   June 30,   December 31, 
   Life   2022   2021 
Computers   3-5 years   $139,267   $104,568 
Office equipment   5 years    23,514    21,731 
Furniture and fixtures   5-10 years    240,830    221,565 
Leasehold improvements   2-5 years    18,331    2,030 
Internal use software   5 years    1,618,999    1,622,525 
                
Property and equipment, gross        2,040,941    1,972,419 
Less accumulated depreciation        (527,357)   (342,574)
                
Property and equipment, net       $1,513,584   $1,629,845