Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

GOODWILL (Tables)

v3.25.1
GOODWILL (Tables)
12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
SCHEDULE OF CHANGES IN GOODWILL

Changes in goodwill are as follows during the years ended December 31, 2024 and 2023:

 

Balance as of January 1, 2023     31,688,887  
         
Less: Goodwill reduction as per PPA     (4,919,920 )
Less: Impairment     (15,371,643 )
Add: Foreign currency translation     27,824  
Balance as of December 31, 2023   $ 11,425,148  
Less: Impairment     (2,996,248 )
Less: Foreign currency translation     (90,353 )
Balance as of December 31, 2024   $ 8,338,547