PROVISION FOR INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF INCOME TAX (BENEFIT) PROVISION

	2024			2023
Current:
Federal	$	-		$	-
State		-			-
Foreign	$	-		$	-
Total current provision		-			-
Deferred:
Federal	$	(4,615,110	)		(674,213	)
State		(542,062	)		(265,698	)
Foreign		-			-
Total deferred benefit		(5,157,172	)		(939,911	)
Change in valuation allowance		5,157,172			939,911
Total income tax provision	$	-		$	-

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

The following table summarizes the significant differences between the U.S. Federal statutory tax rate and the Company’s effective tax rate for financial statement purposes for the years ended December 31, 2024 and 2023:

	2024			2023
Federal income taxes at statutory rate		21.00	%		21.00	%
State income taxes at statutory rate		2.51	%		0.45	%
Acquisitions and disposals		3.69	%		0.10	%
Loss on extinguishment of debt		(0.78	)%		(16.44	)%
Goodwill impairment		(4.71	)%		(2.35	)%
Stock based compensation		0.00	%		(0.79	)%
Tax basis adjustments		(0.21	)%		(1.00	)%
Change in valuation allowance		(23.84	)%		(0.63	)%
Other		2.35	%		(0.34	)%
Totals		0.00	%		0.00	%

SCHEDULE OF DEFERRED TAX ASSETS

The following is a summary of the components of deferred tax assets and liabilities as of December 31, 2024 and 2023:

	As of			As of
	December 31,			December 31,
	2024			2023
Deferred tax assets:
Net operating losses and other tax attributes	$	11,140,078		$	5,016,200
Other		13,351			32,759
Total deferred tax assets		11,153,429			5,048,958
Deferred tax liabilities:
Depreciation and amortization		(1,499,337	)		(552,039	)
Total deferred tax liabilities		(1,499,337	)		(552,039	)
Less: Valuation allowance		(9,654,091	)		(4,496,919	)
Net deferred tax assets	$	-		$	-