INTANGIBLE ASSETS AND GOODWILL (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF GOODWILL INDEFINITE AND FINITE LIVED INTANGIBLE ASSETS

As of March 31, 2022, the Company’s intangible assets consisted of:

Goodwill
Balance at December 31, 2021	$	1,587,634
Gain on currency translation		23,146
Balance at March 31, 2022	$	1,610,780
Indefinite lived intangible assets
Balance at December 31, 2021	$	6,375,492
Gain on currency translation		92,948
Balance at March 31, 2022	$	6,468,440
Definite lived intangible assets
Balance at December 31, 2021	$	548,436
Amortization		(42,188	)
Balance at March 31, 2022	$	506,248

SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS AMORTIZATION EXPENSES

The Company amortizes definite lived intangible assets on a straight-line basis over their estimated useful lives. Amortization expense of identified intangible assets based on the carrying amount as of March 31, 2022 is as follows:

Year ending December 31,
2022 (excluding the three months ended March 31)	$	126,563
2023		168,750
2024		168,750
2025		42,185
	$	506,248