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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2022
Asset Acquisition [Abstract]  
Schedule of components of the purchase price
Purchase price:    
Cash paid to seller  $1 
Total purchase price   1 
      
Assets acquired:     
Cash   44,977 
Accounts Receivable   2,676 
Inventory   194,365 
Total assets acquired   242,018 
      
Liabilities assumed:     
Accounts payable and accrued expenses   127,116 
Notes payable   293,888 
Total liabilities assumed   421,004 
      
Net liabilities acquired   (178,986)
      
Excess purchase price  $178,987 

  

Purchase price:    
Cash paid to seller  $44,000 
Shares granted to seller   40,994 
Total purchase price   84,994 
      
Net Assets acquired   - 
      
Non-controlling interest in consolidated subsidiary   81,661 
      
Excess purchase price  $166,655 

  

Purchase price:    
Cash paid to seller  $150,000 
Total purchase price   150,000 
      
Assets acquired:     
Cash   73,344 
Inventory   86,154 
Total assets acquired   159,498 
      
Liabilities assumed:     
Accounts payable and accrued expenses   1,316 
Notes payable   75,000 
Total liabilities assumed   76,316 
      
Net assets acquired   83,182 
      
Excess purchase price  $66,818 

  

Schedule of excess purchase price amounts
Goodwill  $8,950 
Trade Names & Trademarks   8,949 
Know-How and Intellectual Property   107,392 
Website   8,949 
Customer Relationships   44,747 
      
Excess purchase price  $178,987 

 

Know-How and Intellectual Property  $166,655 
      
Excess purchase price  $166,655 

 

Goodwill  $6,683 
Trade Names & Trademarks   16,704 
Know-How and Intellectual Property   16,704 
Website   16,704 
Customer Relationships   10,023 
      
Excess purchase price  $66,818 

 

Schedule of unaudited pro-forma combined results of operations
   Three Months
Ended
 
   September 30, 
   2021 
Revenues  $3,429,748 
Net loss attributable to common shareholders  $(25,735,007)
Net loss per share  $(2.17)
Weighted average number of shares outstanding   11,845,229 

 

   Three Months Ended 
   September 30, 
   2022 
Revenues  $4,057,080 
Net loss attributable to common shareholders  $(9,425,313)
Net loss per share  $(0.45)
Weighted average number of shares outstanding   21,087,764 

 

   Nine  Months
Ended
 
   2021 
Revenues  $5,069,181 
Net loss attributable to common shareholders  $(26,428,192)
Net loss per share  $(2.23)
Weighted average number of shares outstanding   11,845,229 

 

  

 

Nine  Months
Ended

 
   2022 
Revenues  $4,683,843 
Net loss attributable to common shareholders  $(24,217,030)
Net loss per share  $(1.23)
Weighted average number of shares outstanding   19,726,987