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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Schedule of consideration paid
Cash  $500,000 
Common Stock (3,968,254 shares)   1,000,000 
Fair Value of Contingent Acquisition Consideration   299,672 
Less cash received   (35,000)
      
Fair Value of Total Consideration  $1,764,672 

 

Schedule of estimated fair values of the assets acquired
Hyperbaric Chambers  $452,289 
Medical Equipment   29,940 
Computer Equipment/Software   19,739 
Office Furniture & Equipment   23,052 
Inventory   72,114 
Leasehold Improvements   25,000 
Website   41,000 
Patient Management Platform Database   1,101,538 
      
Fair Value of Identifiable Assets Acquired  $1,764,672 

 

Schedule of the fair value of consideration paid
Cash paid at closing  $214,000 
Shares issued at closing (2,240,838 shares)   201,675 
Cash and shares contingent upon 2019 program year MSSP payment target   778,192 
Cash contingent upon four-year earn-out   279,593 
Less cash received   (49,995)
      
   $1,423,465 

 

Shares issued at closing (19,045,563 shares)  $2,704,470 
Payment of MOD debt obligations in cash   703,200 
Shares contingent upon four-year earn-out   649,108 
Less cash received   (57,048)
      
   $3,999,730 

 

Schedule of estimated fair values of the assets acquired and liabilities
Accounts receivable  $90,197 
Prepayments   15,294 
ACO physician contracts   1,073,000 
Goodwill   381,856 
Accounts payable   (32,848)
Deferred revenue   (104,034)
      
Fair Value of Identifiable Assets Acquired and Liabilities Assumed  $1,423,465 

 

Website  $3,538,000 
Goodwill   766,249 
Accounts payable and accruals   (160,762)
Notes payable   (90,759)
Deferred revenue   (52,998)
      
Fair Value of Identifiable Assets Acquired and Liabilities Assumed  $3,999,730 

 

Schedule of pro forma consolidated income statement
    2020  
Revenue   $ 7,174,911  
Net loss   $ (6,399,368 )