DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2025

Discontinued Operations and Disposal Groups [Abstract]

SCHEDULE OF DISCONTINUED OPERATION

The following table summarizes the significant line items included in Net Loss from Discontinued Operations, in the Consolidated Statements of Operations for the three and six months ended June 30, 2024:

	Three Months Ended June 30, 2024			Six Months Ended June 30, 2024
SALES, NET	$	15,594,575		$	31,488,933
COST OF SALES		9,698,119			19,538,100
GROSS PROFIT		5,896,456			11,950,833
TOTAL OPERATING EXPENSES, NET		6,378,014			13,034,137
LOSS FROM OPERATIONS		(481,558	)		(1,083,304	)
OTHER INCOME (EXPENSE)		(114,149	)		(213,866	)
NET LOSS FROM DISCONTINUED OPERATIONS	$	(595,707	)	$	(1,297,170	)

The information presented as discontinued operations on the Condensed Consolidated Balance Sheets includes certain assets and liabilities that were transferred to HCWC pursuant to the Separation agreements.

	June 30, 2024
Cash and cash equivalents	$	964,246
Accounts receivable, net		157,335
Inventories		3,930,646
Prepaid expenses and vendor deposits		186,556
Other current assets		97,142
Assets held for sale		543,854
Current Assets of Discontinued Operations		5,879,779
Property and equipment, net of accumulated depreciation		1,984,939
Goodwill		-
Intangible assets, net of accumulated amortization		3,718,385
Right of use asset - operating lease		9,974,601
Due from related party		5,815,241
Other assets		474,476
Other Assets of Discontinued Operations	$	27,847,421
Accounts payable and accrued expenses	$	4,350,444
Contract Liabilities		123,375
Current portion of loan payable		2,495,340
Lease liability, current		2,665,438
Current Liabilities of Discontinued Operations		9,634,597
Due from related party		-
Loan payable, net of current portion		2,036,367
Lease liability, net of current		7,179,425
Other Long-term Liabilities of Discontinued Operations	$	18,850,389

There were no assets or liabilities classified as discontinued operations as of June 30, 2025 and December 31, 2024.

The following table summarizes the significant operating cash and noncash items, capital expenditures and financing activities of discontinued operations for the six months ended June 30, 2024:

	Six Months Ended June 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(1,297,170	)
Depreciation and amortization		724,958
Amortization of debt discount		71,293
Amortization of right-of-use asset		1,437,961
Write-down of obsolete and slow-moving inventory		1,484,648
Accounts receivable		(29,164	)
Inventories		(1,253,076	)
Prepaid expenses and vendor deposits		(11,586	)
Other current assets		(40,300	)
Due to related party		(2,062,238	)
Other assets		(7,420	)
Accounts payable and accrued expenses		(569,967	)
Contract liabilities		(84,138	)
Lease liability		(1,365,143	)
NET CASH USED IN OPERATING ACTIVITIES OF DISCONTINUED OPERATIONS		(3,001,342	)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment		(116,978	)
NET CASH USED IN INVESTING ACTIVITIES OF DISCONTINUED OPERATIONS		(116,978	)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from security purchase agreement		1,700,000
Principal payments on loan payable		(346,094	)
Investment from parent company		1,306,080
NET CASH PROVIDED BY FINANCING ACTIVITIES OF DISCONTINUED OPERATIONS		2,659,986
NET DECREASE IN CASH FROM DISCONTINUED OPERATIONS	$	(458,334	)