Annual report [Section 13 and 15(d), not S-K Item 405]

GOODWILL (Tables)

v3.25.1
GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF GOODWILL

The changes in the carrying amounts of goodwill during the years ended December 31, 2024 and 2023 were as follows:

SCHEDULE OF GOODWILL 

    Starco Brands     Skylar     Soylent     Total  
Balance as of December 31, 2022   $ 12,089,871     $ 20,746,692     $ -     $ 32,836,563  
Additions     -       -       32,977,908       32,977,908  
Purchase consideration adjustments     -       (9,512,380 )     -       (9,512,380 )
Impairment     (9,145,000 )     -       (20,467,700 )     (29,612,700 )
Balance as of December 31, 2023   $ 2,944,871     $ 11,234,312     $ 12,510,208     $ 26,689,391  
Additions     -       -       -       -  
Purchase consideration adjustments     -       -       -       -  
Impairment     (2,944,871 )     -       (11,383,000 )     (14,327,871 )
Balance as of December 31, 2024   $ -     $ 11,234,312     $ 1,127,208     $ 12,361,520