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INTANGIBLE ASSETS, NET (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

Intangible assets consist of the following at March 31, 2023 and December 31, 2022:

 

  Useful Lives  

March 31,

2023

   

December 31,

2022

 
               
Customer relationships 7 years   $ 7,100,000     $ 7,100,000  
Developed technology 10 years     9,936,085       9,858,594  
Trademarks and tradenames 7 years     2,200,000       2,200,000  
Total intangible assets, gross       19,236,085       19,158,594  
Less: accumulated amortization       (1,155,188 )     (578,608 )
Total intangible assets, net     $ 18,080,897     $ 18,579,986  
SCHEDULE OF AMORTIZATION FUTURE ROLLING MATURITY

Amortization expense for the next five years is as follows:

 

For the years ending December 31,        
2023 (excluding the three months ended March 31, 2023)   $ 1,815,342  
2024     2,314,431  
2025     2,314,431  
2026     2,314,431  
2027     2,314,431  
Thereafter     7,007,831  
Total   $ 18,080,897