GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2024

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF GOODWILL ATTRIBUTABLE TO EACH BUSINESS COMBINATION

The following is a summary of goodwill attributable to each business combination:

	September 30,		December 31
	2024		2023
Bailey	$	3,158,123	$	3,158,123
Stateside		2,104,056		2,104,056
Sundry		3,711,322		3,711,322
	$	8,973,501	$	8,973,501

The Company recorded goodwill from each of its business combinations. The following is a summary of goodwill by entity for the years ended December 31, 2023 and 2022:

	December 31,
	2023		2022
Bailey	$	3,158,123	$	3,158,123
Stateside		2,104,056		2,104,056
Sundry		3,711,322		3,711,322
	$	8,973,501	$	8,973,501

SCHEDULE OF INFORMATION RELATING TO THE COMPANY’S IDENTIFIABLE INTANGIBLE ASSETS

The following table summarizes information relating to the Company’s identifiable intangible assets as of September 30, 2024:

	Gross		Accumulated			Carrying
	Amount		Amortization			Value
Amortized:
Customer relationships	$	8,634,560	$	(6,551,861	)	$	2,082,699
	$	8,634,560	$	(6,551,861	)	$	2,082,699
Indefinite-lived:
Brand name		5,241,880		—			5,241,880
	$	13,876,440	$	(6,551,861	)	$	7,324,579

The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2023 and 2022:

December 31, 2023	Gross Amount		Accumulated Amortization			Carrying Value
Amortized:
Customer relationships	$	8,634,560	$	(4,494,223	)	$	4,140,337
	$	8,634,560	$	(4,494,223	)	$	4,140,337
Indefinite-lived:
Brand name		5,841,880		—			5,841,880
	$	14,476,440	$	(4,494,223	)	$	9,982,217

December 31, 2022	Gross Amount		Accumulated Amortization			Carrying Value
Amortized:
Customer relationships	$	9,734,560		(2,670,202	)	$	7,064,358
		9,734,560		(2,670,202	)		7,064,358
Indefinite-lived:
Brand name		5,841,880		—			5,841,880
	$	15,576,440	$	(2,670,202	)	$	12,906,238

SCHEDULE OF FUTURE AMORTIZATION EXPENSE

Future amortization expense at December 31, 2023 is as follows:

Year Ending December 31,
2024		2,474,177
2025		1,666,160
	$	4,140,337