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

GENERAL AND ADMINISTRATIVE EXPENSES

12 Months Ended

Dec. 31, 2021

NOTE 23 — GENERAL AND ADMINISTRATIVE EXPENSES

General and administrative expenses for the years ended December 31, 2021 and 2020 include the following:


	For the Years Ended December 31,
	2021		2020
Consulting and professional services	$	660,117	$	424,891
Marketing		73,277		72,942
Rent expense		250,994		144,423
Repairs and maintenance		11,144		103,152
Salaries, wages, bonuses and other benefits		4,197,397		3,031,485
Travel		13,356		13,356
Utilities		142,019		112,027
Other		1,151,991		1,314,430
Development charges		456,180		378,010
Stock-based compensation		293,837		394,717
Provision for doubtful debts		(39,108)		161,788
Total general and administrative expenses	$	7,211,204	$	6,151,221