APPLIED ASSET PURCHASE (Tables) - Applied Asset Purchase Agreement [Member]

9 Months Ended

Sep. 30, 2024

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

SCHEDULE OF ASSET PURCHASE CONSIDERATIONS

The total purchase consideration for the Applied Asset Purchase as determined by the Company was as follows:

Consideration	Equity Shares		Dollar Value
Cash Closing Consideration			$	9,750,000
Fair value of Stock Closing Consideration		73,809		3,089,645
Fair value of Installment Payments				2,040,808
Cash paid for inventory				30,007
Fair value of Petito Services Agreement defined payments				825,834
Fair value of Petito Services Agreement contingent consideration				893,000
Direct transaction costs				162,743
Total purchase consideration			$	16,792,037

SCHEDULE OF PURCHASE CONSIDERATION ON FAIR VALUE OF ASSETS ACQUIRED

Description	Amount
Inventory	$	30,007
Equipment		33,062
Intellectual property		16,728,968
Net assets acquired	$	16,792,037