Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Business Acquisition (Tables)

v3.22.2.2
Goodwill and Business Acquisition (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Business Acquisition [Abstract]  
Schedule of consideration
Fair value of total consideration transferred   $ 69,311,577  
Fair value of assets acquired:        
Cash   $ 920,011  
Other current assets     148,043  
Property and equipment     61,430  
Intangible assets     26,180,000  
Right of use asset     463,252  
Other long-term assets     87,217  
Total assets acquired     27,859,953  
Fair value of liabilities assumed:        
Accounts payable     129,541  
Deferred revenue     32,992  
Accrued payroll and rent     42,617  
Lease liabilities     447,827  
Deferred tax liability     2,921,982  
Total liabilities assumed     3,574,959  
Total net assets acquired     24,284,994  
Goodwill     45,026,583  
Total   $ 69,311,577  

 
Schedule of operating results
    (Unaudited)  
   

Three months
ended
September 30,
2021

     Nine months
ended
September 30,
2021		  
Revenue, net   $ 294,149     $ 2,396,345  
Net loss   $ (7,499,846 )   $ (18,871,963 )
Basic Earnings Per Share   $ (0.18 )   $ (0.51 )
Earnings Per Share Diluted   $ (0.18 )   $ (0.51 )