BUSINESS COMBINATIONS, ACQUISITION PAYABLE AND DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2023

Equity Method Investments and Joint Ventures [Abstract]

The purchase allocation was accounted for as follows:

Fair value of consideration transferred:
Cash paid in advance	$	150,416
Secured debt assumed		161,546
Note payable to seller		138,546
Value of common shares issued		340,000
	$	790,508
Fair value of assets acquired and liabilities assumed:
Inventory	$	13,589
Fixed assets		113,902
Intangible assets		663,017
	$	790,508

Schedule of consolidated statements of operations

	For the Three			For the Six
	Months Ended			Months Ended
	June 30, 2022			June 30, 2022
Net Revenue	$	314,894		$	1,175,250
Cost of goods sold		(163,883	)		(606,546	)
Gross Profit		151,011			568,704
Operating expenses		(718,356	)		(1,454,688	)
(Loss) from operations		(567,345	)		(885,984	)
Non-operating (income) expense		—			1,160
Profit (loss) before income taxes		(567,345	)		(887,144	)
Income taxes		(111,000	)		(146,000	)
Net income (loss)	$	(456,345	)	$	(741,144	)