BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 31, 2023

Business Combination and Asset Acquisition [Abstract]

SCHEDULE OF COMPONENTS OF PURCHASE PRICE CONSIDERATION

Total fair value of the purchase price consideration was determined as follows:

Cash	$	7,500,000
Promissory notes payable		5,500,000
Common stock		1,000,000
Purchase price consideration	$	14,000,000

SCHEDULE OF ASSETS AND LIABILITIES ACQUIRED IN BUSINESS COMBINATION

	Purchase Price
	Allocation
Cash and cash equivalents	$	252,697
Accounts receivable, net		63,956
Due from factor, net		387,884
Inventory		2,941,755
Prepaid expenses and other current assets		32,629
Property, equipment and software, net		48,985
Goodwill		3,711,322
Intangible assets		7,403,800
Accounts payable		(615,706	)
Accrued expenses and other liabilities		(227,321	)
Purchase price consideration	$	14,000,000

SCHEDULE OF BUSINESS ACQUISITION PRO FORMA INFORMATION

	Year Ended
	December 31, 2022
Net revenues	$	28,519,261
Net loss	$	(42,001,415	)
Net loss per common share	$	(54.46	)

SCHEDULE OF FAIR VALUE OF PURCHASE PRICE CONSIDERATION

Cash	$	5,000,000
Common stock		3,403,196
Purchase price consideration	$	8,403,196

SCHEDULE OF ALLOCATION OF PURCHASE PRICE IN REGARD TO ACQUISITION

	Purchase Price Allocation
Cash and cash equivalents		32,700
Accounts receivable, net		154,678
Due from factor, net		371,247
Inventory		603,625
Prepaid expenses and other current assets		7,970
Deposits		9,595
Property, equipment and software, net		—
Goodwill		2,104,056
Intangible assets		5,939,140
Accounts payable		(374,443	)
Accrued expenses and other liabilities		(445,372	)
	$	8,403,196