Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND SUPPLEMENTAL DISCLOSURES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND SUPPLEMENTAL DISCLOSURES (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
SCHEDULE OF CONTRACTUAL LIABILITIES

The following table provides information about contract liabilities from contracts with customers, including significant changes in the contract liabilities balance during the period:

 

             
    As of December 31,  
    2022     2021  
             
Beginning balance   $ 986     $ 272  
                 
Increase due to deferral of revenue     3,357       2,755  
Decrease due to recognition of revenue     (3,003 )     (2,041 )
                 
Ending balance   $ 1,340     $ 986  
SCHEDULE OF BREAKDOWN OF CHANGE IN GOODWILL  
SCHEDULE OF CONCENTRATION RISK

 

    Years Ended December 31,
    2022   2021
The Company’s largest customers are presented below as a percentage of the aggregate    
         
Revenues and Accounts receivable    No customers individually over 10%   No customers individually over 10%
         
The Company’s largest vendors are presented below as a percentage of the aggregate        
         
Purchases   Two vendors that accounted for 55% and 13% of its purchases individually and 68% in the aggregate   Two vendors that accounted for 25% and 25% of its purchases individually and 50% in the aggregate
         
Accounts payable   Two vendors that accounted for 47% and 33% of its accounts payable individually and in the aggregate   One vendor that accounted for 40% of its accounts payable individually and in the aggregate
SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental Cash Flow Information

 

             
    Years Ended December 31,  
    2022     2021  
Supplemental disclosures of cash flow information                
Cash paid for interest   $ 359     $ 135  
Cash paid for income taxes   $ 1     $ 1  
                 
Supplemental disclosure of non-cash investing and financing activities                
Fair value of derivative liability extinguished     -       4,513  
Fair value of common shares issued to settle accounts payable and accrued expenses     465       322  
Reclassification of Class B upon conversion to common stock     -       3,065  
Fair value of common stock issued to settle notes payable – related party     -       200  
Fair value of common stock received in exchange for employee’s payroll taxes     12       139  
Fair value of common stock issued for future services     -       164  
Fair value of debt forgiveness     -       1,399  
Accrued capitalized software development costs     215       2,100  
Fair value of common stock issued to settle lawsuit     -       678  
Discount recognized from advances on future receipts     997       3,194  
Discount recognized from convertible notes payable     300       -  
Discount recognized from notes payable     450          
Derecognition of operating lease right-of-use assets     543       -  
Derecognition of operating lease liabilities     521       -  
Recognition of operating lease right-of-use asset and related lease liability   $ 212     $ -