INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

SCHEDULE OF COMPONENTS OF INCOME BEFORE INCOME TAXES

Components of income before income taxes were as follows:

	2023			2022
United States	$	(67,719,971	)	$	(46,850,995	)
Foreign		(600,443	)		(768,062	)
Income before income tax expense	$	(68,320,414	)	$	(47,619,057	)

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

The tax effects of temporary differences that give rise to deferred tax assets or liabilities are presented below:

	2023			2022
Deferred tax assets:
Stock-based compensation	$	(8,387	)	$	154,298
Goodwill and intangibles		270,574			54,453
Leases		-			14,808
Reserves		140,143			-
Net operating loss carryforwards		8,755,550			4,419,519
Less: valuation allowance		(9,157,880	)		(4,628,672	)
Net deferred tax assets	$	-		$	14,406
Deferred tax liabilities:
Right of use assets	$	-			(14,406	)
Property and equipment	$	(82,104	)		(82,104	)
Net deferred tax liabilities	$	(82,104	)	$	(96,510	)
Net deferred taxes	$	(82,104	)	$	(82,104	)

SCHEDULE OF INCOME TAX PROVISION

The income tax provision consists of the following:

	2023			2022
Current:
Federal	$	-		$	(172,997	)
State		-			-
Foreign		-			-
Total current		-			(172,997	)
Deferred:
Federal		(4,415,124	)		(4,150,207	)
State		-			-
Foreign		(114,084	)		145,932
Less: change in valuation allowance		4,529,208			4,004,275
Total deferred		-			-
Total income tax provision	$	-		$	(172,997	)

SCHEDULE OF RECONCILIATION OF STATUTORY FEDERAL INCOME TAX

A reconciliation of the statutory federal income tax rate to the Company’s effective tax rate is as follows:

	2023			2022
Tax at federal statutory rate		21.0	%		21.0	%
Income from pass-through entities taxable to noncontrolling interests		0.0	%		-0.1	%
Warrant valuation		-14.5	%		-11.2	%
Nondeductible expenses		-0.1	%		-0.7	%
State and local income taxes		0.0	%		0.0	%
Foreign income not subject to U.S. federal taxes		-0.2	%		-0.3	%
U.S. income taxes subject to valuation allowance		-6.2	%		-8.7	%
Other		0.0	%		0.4	%
Total income tax provision		0.0	%		0.4	%