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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2023
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 months ended March 31, 2023 and 2022 as such shares would have had an anti-dilutive effect:

 

           
   As of March 31, 
   2023   2022 
Stock options (a)   146,191    11,500 
Warrants (b)   16,725    - 
Unvested restricted stock   181,887    179,180 

 

  (a)Includes 144,191 shares underlying stock options assumed pursuant to the merger agreement with Precision Healing, Inc. (“Precision Healing”) in April 2022. See Note 3 for more information regarding the Precision Healing merger.
  (b)Shares underlying warrants assumed pursuant to the merger agreement with Precision Healing in April 2022. See Note 3 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 three months ended March 31, 2023 and 2022.

 

           
   Three Months Ended 
   March 31, 
   2023   2022 
Product sales revenue  $15,471,667   $7,760,973 
Royalty revenue   50,250    50,250 
Total Net Revenue  $15,521,917   $7,811,223 
SCHEDULE OF PROPERTY AND EQUIPMENT

 

              
   Useful  March 31,   December 31, 
   Life  2023   2022 
Computers  3-5 years  $187,173   $172,154 
Office equipment  3-7 years   97,097    87,225 
Furniture and fixtures  5-10 years   260,578    258,414 
Leasehold improvements  2-5 years   19,631    19,631 
Internal use software  5 years   1,618,999    1,618,998 
              
Property and equipment, gross      2,183,478    2,156,422 
Less accumulated depreciation      (847,661)   (739,986)
              
Property and equipment, net     $1,335,817   $1,416,436 
SCHEDULE OF CHANGES IN FAIR VALUE FOR CONTINGENT EARNOUT CONSIDERATION

 

      
Balance December 31, 2022  $7,166,691 
Additions   - 

Changes in fair value of earnout liabilities

   

(452,687

)
Settlements   - 
Balance March 31, 2023  $

6,714,004