Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION - Preliminary purchase consideration (Details)

v3.22.2.2
ACQUISITION - Preliminary purchase consideration (Details) - USD ($)
Apr. 01, 2021
Jun. 30, 2022
Dec. 31, 2021
Purchase Price Allocation      
Goodwill   $ 2,382,917 $ 2,382,917
Continental Benefits      
Purchase Price      
Equity value $ 13,262,000    
Cash acquired (4,762,000)    
Total purchase price paid, net of cash acquired 8,500,000    
Purchase Price Allocation      
Restricted cash 6,622,035    
Accounts receivable 92,231    
Prepaid expenses and other current assets 131,414    
Property and equipment 1,601,990    
Operating lease - right of use assets 1,763,960    
Goodwill 2,382,917    
Security deposits 54,869    
Account payable (925,608)    
Accrued expenses (1,267,708)    
Accrued fiduciary obligations (4,070,908)    
Operating lease liabilities (1,763,960)    
Deferred tax liability (2,151,012)    
Deferred revenue (1,205,220)    
Other long-term liabilities (45,000)    
Total fair value of net assets acquired and liabilities assumed 8,500,000    
Continental Benefits | Capitalized Software      
Purchase Price Allocation      
Intangible assets 1,200,000    
Continental Benefits | Trademarks      
Purchase Price Allocation      
Intangible assets 1,520,000    
Continental Benefits | Patents and patent applications      
Purchase Price Allocation      
Intangible assets 650,000    
Continental Benefits | Customer relationships      
Purchase Price Allocation      
Intangible assets 2,920,000    
Continental Benefits | Noncompete agreements      
Purchase Price Allocation      
Intangible assets $ 990,000