Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

CONTINGENT LIABILITIES (Tables)

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CONTINGENT LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2023
Contingent Liabilities  
SCHEDULE OF CONTINGENT LIABILITIES

Contingent liabilities as of December 31, 2023 and December 31, 2022 consist of the following:

 

 SCHEDULE OF CONTINGENT LIABILITIES

    As of
December 31,
2023		     As of
December 31,
2022		  
Options   $ 1,690,000       24,041,198  
Contingent consideration     2,024,000       12,447,396  
Contingent liabilities   $ 3,714,000       36,488,594  
SCHEDULE OF DERIVATIVE LIABILITIES OPTIONS EXPLANATORY

 

    Opening     Adjustments     Closing Value  
PIN   $ 22,350,000     $ (22,350,000 )   $ -  
ESQ     1,691,198       (1,198 )     1,690,000  
    $ 24,041,198     $ (22,351,198 )   $ 1,690,000  
SCHEDULE OF CONTINGENT CONSIDERATION EXPLANATORY

 

    Opening     Adjustments     Closing Value  
RF   $ 10,380,396     $ (8,356,396 )   $ 2,024,000  
UAV     1,208,000       (1,208,000 )     -  
PIN     859,000       (859,000 )     -  
    $ 12,447,396     $ (10,423,396 )   $ 2,024,000  

 

 

Contingent Consideration as of December 31, 2022

 

    Acquisition Value     Adjustments     Closing Value  
RF   $ 10,380,396     $ -     $ 10,380,396  
UAV     1,017,000       191,000       1,208,000  
PIN     701,000       158,000       859,000  
    $ 12,098,396     $ 349,000     $ 12,447,396