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BUSINESS COMBINATIONS (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
SCHEDULE OF PURCHASE CONSIDERATION
      
Titan Environmental Solutions Inc. market capitalization at closing  $27,162,222 
Total purchase consideration  $27,162,222 
SCHEDULE OF TANGIBLE AND INTANGIBLE ASSETS ACQUIRED AND LIABILITIES ASSUMED AT THEIR PRELIMINARY ESTIMATED FAIR VALUES

The Company recorded all tangible and intangible assets and liabilities at their estimated fair values on the acquisition date. The following represents the allocation of the estimated purchase consideration:

   Estimated 
Description  Fair Value 
     
Assets:     
Cash  $69,104 
Accounts receivable   369,338 
Prepaid expenses and other current assets   17,893 
Inventory   64,894 
Fixed assets   1,134 
Intangible assets   6,471,621 
Goodwill   26,880,916 
Assets acquired total  $33,874,900 
      
Liabilities:     
Accounts payable and accrued expenses  $(1,009,993)
Customer deposits   (311,544)
Accrued payroll and related taxes   (21,077)
Derivative liability   (219,171)
Convertible notes payable   (1,466,382)
Convertible notes payable – related parties   (102,851)
Notes payable   (3,579,160)
Notes payable – related parties   (2,500)
Liabilities acquired total  $(6,712,678)
      
Net fair value of assets (liabilities)  $27,162,222 
SCHEDULE OF SUPPLEMENTAL PRO-FORMA FINANCIAL INFORMATION

The following supplemental pro-forma financial information approximate combined financial information assumes that the acquisition had occurred at the beginning of the year ended December 31, 2022:

 

   Year Ended   Year Ended 
   December 31,   December 31, 
   2023   2022 
Total revenue  $7,993,090   $4,204,694 
Net loss  $(124,502,520)  $(29,014,991)
Pro forma loss per common share  $(0.73)  $(6.58)
Pro forma weighted average number of common shares basic and diluted   170,715,695    4,410,595