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

CONTINGENT LIABILITIES (Tables)

v3.25.1
CONTINGENT LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2024
Contingent Liabilities  
SCHEDULE OF CONTINGENT LIABILITIES

Contingent liabilities as of December 31, 2024 and December 31, 2023 consist of the following:

 SCHEDULE OF CONTINGENT LIABILITIES 

    As of
December 31,
2024		     As of
December 31,
2023		  
Options   $      -       1,690,000  
Contingent consideration     -       2,024,000  
Contingent liabilities   $ -       3,714,000  
SCHEDULE OF DERIVATIVE LIABILITIES OPTIONS EXPLANATORY

  

    Opening     Adjustments     Closing Value  
PIN   $ -     $ -     $ -  
ESQ     1,690,000       (1,690,000 )     -  
    $ 1,690,000     $ (1,690,000 )   $     -  

 

Options as on December 31, 2023

 

    Acquisition Value     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   $ 2,024,000     $ (2,024,000 )   $ -  

 

 

Contingent Consideration as on December 31, 2023

 

    Acquisition Value     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