PRECISION HEALING MERGER (Tables)

3 Months Ended

Mar. 31, 2023

Restructuring Cost and Reserve [Line Items]

SCHEDULE OF PURCHASE CONSIDERATION ON FAIR VALUE OF ASSETS ACQUIRED

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

Precision Healing Inc [Member]

Restructuring Cost and Reserve [Line Items]

SCHEDULE OF PURCHASE CONSIDERATIONS

The total purchase consideration as determined by the Company was as follows:

Consideration	Equity Shares		Dollar Value
Fair value of Sanara common shares issued		165,738	$	5,096,444
Fair value of assumed options		144,191		4,109,750
Fair value of assumed warrants		16,725		502,895
Cash paid to nonaccredited investors				125,370
Cash paid for fractional shares				596
Carrying value of equity method investment in Precision Healing				1,803,440
Fair value of contingent earnout consideration				3,882,151
Direct transaction costs				1,061,137
Total purchase consideration			$	16,581,783

SCHEDULE OF PURCHASE CONSIDERATION ON FAIR VALUE OF ASSETS ACQUIRED

Description	Amount
Cash	$	32,202
Net working capital (excluding cash)		(308,049	)
Fixed assets, net		9,228
Deferred tax assets		278,661
Intellectual property		20,325,469
Assembled workforce		664,839
Deferred tax liabilities		(4,420,567	)
Net assets acquired	$	16,581,783