LIABILITIES AND DEBT (Tables)

9 Months Ended

Sep. 30, 2024

Liabilities And Debt

SCHEDULE OF ACCRUED EXPENSES AND OTHER LIABILITIES

The Company accrued expenses and other liabilities line in the consolidated balance sheets is comprised of the following as of September 30, 2024, and December 31, 2023:

	September 30,		December 31,
	2024		2023
Accrued expenses	$	733,865	$	617,374
Payroll related liabilities		4,224,259		3,895,640
Sales tax liability		178,960		145,545
Other liabilities		99,353		99,933
	$	5,236,437	$	4,758,492

SCHEDULE OF MERCHANT ADVANCES

The following is a summary of the merchant advances as of September 30, 2024, and December 31, 2023:

	September 30,			December 31,
	2024			2023
Principal	$	2,347,564		$	2,960,946
Less: unamortized debt discount		(550,183	)		(1,966,881	)
Merchant cash advances, net	$	1,797,381		$	994,065

SCHEDULE OF PROMISSORY NOTES PAYABLE, NET

The following is a summary of promissory notes payable, net:

	September 30,		December 31,
	2024		2023
Bailey Note	$	3,500,000	$	3,500,000
March 2023 Notes – principal		1,230,740		1,730,740
March 2023 Notes - unamortized debt discount		-		(346,148	)
Promissory note payable, net	$	4,730,740	$	4,884,592