GOODWILL (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF ESTIMATES OF ACQUISITION FAIR VALUE

The table below reflects the Company’s estimates of the acquisition date fair value of the assets acquired and liabilities assumed for the 2022 and 2023 acquisition:

	MOC			HTL
Acquisition Date		October 4, 2022			June 14, 2023
Purchase Price
Cash	$	70,523		$	214,993
Total purchase consideration		70,523			214,993
Purchase Price Allocation
Assets acquired
Current assets		32,700			15,098
Property and Equipment, net		11,266			1,485
Operating lease right-of-use assets, net		114,232			16,516
Total assets acquired		158,198			33,099
Liabilities assumed:
Current liabilities		(33,437	)		(20,885	)
Operating lease liability		(114,232	)		(11,395	)
Accrued taxes		(349	)		-
Total liabilities assumed		(148,018	)		(32,280	)
Net assets acquired		10,180			819
Goodwill		60,343			214,174
Total purchase consideration	$	70,523		$	214,993

SCHEDULE OF GOODWILL

The following table summarizes changes in the carrying amount of goodwill at June 30, 2023 and December 31, 2022

	June 30, 2023			December 31, 2022
Balance at beginning of the period/year	$	60,343		$	-
Acquisitions		214,174			60,343
Foreign currency exchange adjustment		(283	)
Balance as of end of the period/year	$	274,234		$	60,343