SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2023

Accounting Policies [Abstract]

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT, USEFUL LIFE

Furniture and fixtures (in years)	5
Equipment (in years)	7

SCHEDULE OF INTANGIBLE ASSETS,NET OF AMORTIZATION AND EXCLUDING GOODWILL

	September 30, 2023		December 31, 2022
CrossingBridge	$	2,161,478	$	-
Willow Oak		502,587		534,195
Internet		659,194		689,731
Intangible assets, net	$	3,323,259	$	1,223,926

SUMMARY OF AWARDS GRANTED AND NUMBER OF OUTSTANDING AWARDS

				Income Statement Impact for the
Award Type	Number of Awards Outstanding		Vesting Schedule	Three Months Ended September 30, 2023		Nine Months Ended September 30, 2023
Restricted stock units		99,766	25% on the second anniversary of January 1, 2023, and thereafter in three equal installments on the subsequent three anniversaries of the initial vesting date, with 100% of the restricted stock vested on the fifth anniversary of the initial vesting, subject to the recipient’s continuous employment.	$	21,699	$	50,632
Restricted stock units		15,750	Fully vested on the date of grant.				68,513
Restricted stock		82,761	25% on the second anniversary of January 1, 2023, and thereafter in three equal installments on the subsequent three anniversaries of the initial vesting date, with 100% of the restricted stock vested on the fifth anniversary of the initial vesting, subject to the recipient’s continuous employment.		18,001		42,001
Total outstanding awards		198,277		$	39,700	$	161,146

SCHEDULE OF REVENUES

	Three-Month Period Ended September 30,				Nine-Month Period Ended September 30,
CrossingBridge Operations Revenue	2023		2022		2023		2022
Advised fund fee revenue	$	1,706,102	$	1,092,079	$	4,107,804	$	3,251,263
Sub-advised fund fee revenue		526,948		815,269		1,611,378		2,125,566
Service fee revenue		110,197		86,424		393,797		86,424
Total fee revenue	$	2,343,247	$	1,993,772	$	6,112,979	$	5,463,253

	Three-Month Period Ended September 30,				Nine-Month Period Ended September 30,
Willow Oak Operations Revenue	2023		2022		2023		2022
Management fee revenue	$	16,697	$	8,206	$	47,400	$	8,206
Fund management services revenue		19,299		13,769		85,349		13,769
Total revenue	$	35,996	$	21,975	$	132,749	$	21,975