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

FAIR VALUE INFORMATION (Tables)

v3.25.1
FAIR VALUE INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
SUMMARY OF FINANCIAL ASSETS AND LIABILITIES BY LEVEL WITHIN THE FAIR VALUE HIERARCHY

As of December 31, 2024 and 2023, the Company’s financial assets and liabilities by level within the fair value hierarchy are as follows:

  

    Level 1     Level 2     Level 3     Total  
    As of December 31, 2024  
    Level 1     Level 2     Level 3     Total  
FINANCIAL ASSETS                                
Cash   $ 1,614,933       —       —     $ 1,614,933  

 

    Level 1     Level 2     Level 3     Total  
    As of December 31, 2023  
    Level 1     Level 2     Level 3     Total  
FINANCIAL ASSETS                                
Cash and Restricted Cash   $ 1,325,779       —       —     $ 1,325,779  
                                 
FINANCIAL LIABILITIES                                
Contingent liabilities     —       —       3,714,000       3,714,000