SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT, USEFUL LIFE

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

SCHEDULE OF INTANGIBLE ASSETS,NET OF AMORTIZATION AND EXCLUDING GOODWILL

	December 31, 2023		December 31, 2022
CrossingBridge	$	2,044,398	$	-
Willow Oak		492,051		534,195
Internet		618,841		689,731
Intangible assets, net	$	3,155,290	$	1,223,926

SCHEDULE OF REVENUES

	Year Ended December 31,
CrossingBridge Operations Revenue	2023		2022
Advised fund fee revenue	$	6,087,547	$	4,283,984
Sub-advised fund fee revenue		2,087,769		2,740,605
Service fee revenue		503,467		246,743
Total fee revenue	$	8,678,783	$	7,271,332

	Year Ended December 31,
Willow Oak Operations Revenue	2023		2022
Management fee revenue	$	64,254	$	22,176
Fund management services revenue		109,282		38,740
Performance fee revenue		9,434		583
Total revenue	$	182,970	$	61,499

 

SUMMARY OF AWARDS GRANTED AND NUMBER OF OUTSTANDING AWARDS

	Number of			Income Statement Impact for the
Award Type	Awards Outstanding		Vesting Schedule	Year Ended December 31, 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.	$	72,331
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.		60,002
Total outstanding awards		198,277		$	200,846