XML 37 R26.htm IDEA: XBRL DOCUMENT v3.25.3
SCHEDULE OF DISCONTINUED OPERATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]        
SALES, NET   $ 14,860,975   $ 46,349,908
COST OF SALES   9,152,971   28,691,071
GROSS PROFIT   5,708,004   17,658,837
Selling, general and administrative   6,178,849   19,212,987
Gain on sale of asset   (205,146)   (205,146)
TOTAL OPERATING EXPENSES, NET   5,973,703   19,007,841
LOSS FROM OPERATIONS   (265,699)   (1,349,004)
OTHER INCOME (EXPENSE)   (2,212,689)   (2,426,555)
NET LOSS FROM DISCONTINUED OPERATIONS $ (2,478,388) (3,775,559)
Net loss       (3,775,559)
Depreciation and amortization       1,069,958
Loss on warrant liability extinguishment       1,888,889
Gain on sale of building       (205,146)
Non-cash interest expense       72,250
Amortization of right-of-use asset       2,381,131
Write-down of obsolete and slow-moving inventory       2,032,995
Change in contingent consideration      
Accounts receivable       (253,460)
Inventories       (2,000,669)
Prepaid expenses and vendor deposits       (48,693)
Other current assets       20,520
Due to related party       (2,736,272)
Other assets       (83,482)
Accounts payable and accrued expenses       998,829
Contract liabilities       (156,904)
Lease liability       (2,280,459)
NET CASH USED IN OPERATING ACTIVITIES OF DISCONTINUED OPERATIONS     (3,076,072)
Payment for acquisition       (5,475,000)
Proceeds from sale of Saugerties building       749,000
Purchases of property and equipment       (145,680)
NET CASH USED IN INVESTING ACTIVITIES OF DISCONTINUED OPERATIONS     (4,871,680)
Proceeds from security purchase agreement       1,700,000
Proceeds from acquisition loan       7,500,000
Principal payments on loan payable       (349,082)
Due to related party       (1,819,570)
Net transfers to HCWC related to Spin-Off       (506,176)
NET CASH PROVIDED BY FINANCING ACTIVITIES OF DISCONTINUED OPERATIONS     6,525,172
NET INCREASE (DECREASE) IN CASH       $ (1,422,580)